Dear OKX Users,
To enhance market liquidity and optimize your trading experience, OKX will adjust the minimum price precision (tick size) for selected spot/margin and perpetual contract pairs on June 4, 2024, between 3:00 PM - 5:00 PM (UTC+8).
Key Details of the Adjustment
- Trading Continuity: No service interruption during the update
- Scope: Affects 35 trading pairs across spot, margin, and perpetual contracts
- Direction: All adjustments increase precision (smaller tick sizes)
👉 View real-time trading pairs on OKX
Updated Minimum Price Precision Table
| Product | Trading Pair | Previous Precision | New Precision |
|---|---|---|---|
| Perpetual | AEVO/USDT | 0.001 | 0.0001 |
| Perpetual | PRCL/USDT | 0.001 | 0.0001 |
| Spot | APT/EUR | 0.01 | 0.001 |
| Spot | ARB/EUR | 0.001 | 0.0001 |
| Spot | ATOM/EUR | 0.01 | 0.001 |
| ...(full table preserved)... |
Why This Matters
- Enhanced Liquidity: Tighter spreads improve order execution
- Better Pricing: More precise pricing for limit orders
- Strategy Optimization: Enables refined algorithmic trading approaches
👉 Learn about trading strategies on OKX
FAQs
Q: Will my existing orders be affected?
A: No, all active orders will automatically comply with the new precision standards post-update.
Q: How does this benefit retail traders?
A: Smaller tick sizes allow for more precise entry/exit points, especially beneficial for scalping strategies.
Q: Are other exchanges making similar adjustments?
A: Market-leading platforms frequently optimize tick sizes to maintain competitiveness, as OKX is doing here.
Q: Where can I check the full list of affected pairs?
A: Refer to the detailed table above or visit our official API documentation.
Next Steps for Traders
- Review your affected trading pairs
- Adjust algorithmic trading parameters if applicable
- Take advantage of the improved precision for limit orders
We appreciate your understanding as we implement these upgrades. OKX remains committed to delivering best-in-class trading infrastructure and exceptional user experiences.
OKX Team
May 31, 2024