OKX Adjusts Minimum Trade Amounts for Spot Trading Pairs
Timothy Morano Jun 15, 2024 02:55
OKX announces adjustments to the minimum trade amounts for specific spot trading pairs to enhance market liquidity.
![OKX Adjusts Minimum Trade Amounts for Spot Trading Pairs](https://image.blockchain.news:443/features/0B1DD4A0914B5E227207FD26FE4794A0517C983A2F19666A4AFAB3BAB9ACC9D6.jpg)
Overview of Adjustments
Leading cryptocurrency exchange OKX has announced upcoming changes to the minimum trade amounts for several spot trading pairs, effective June 14, 2024. The adjustments aim to enhance market liquidity and improve the trading experience for users, according to OKX.
Specific Changes
As detailed in the announcement, the specific adjustments will take place between 02:30 pm and 03:30 pm UTC on June 14, 2024. The changes will impact both spot and margin markets if the trading pair is available in both categories. The notable adjustments include:
Type |
Trading Pair |
Minimum Trade Amount (Before) |
Minimum Trade Amount (After) |
Spot |
BTC/EUR |
0.00001 |
0.0001 |
Spot |
ETH/EUR |
0.0001 |
0.001 |
Impact on Trading Bots
The adjustments will also affect existing trading bot orders. Orders with amounts smaller than the new minimum trade amounts will be canceled, and corresponding bots will be stopped once the open orders are canceled. Traders using bots should review and adjust their settings accordingly.
Risk Warning
OKX has issued a risk warning, emphasizing that the information provided is for educational purposes only and may not be accurate or complete. The exchange advises users to conduct their own research and evaluate their risk appetite before trading digital assets, which are known for their high volatility and potential for significant losses.
For more details, users are encouraged to visit the official OKX website or contact the support center via the OKX Telegram group or the support center.
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