In using OKX’s services, you agree that you may be subject to the Forced Repayment Mechanism in the aforesaid or analogous situations. It is described in further detail below.How do the Forced Repayment Mechanism ("FRP") and Auto-Crypto Conversion work?User Based FRP 1.

In order to prevent socialized clawbacks from occurring, we have been working really hard to optimize our risk management system, such as launching price limit rules, early forced liquidation system, forced liquidation order price adjustment and more. There have been malicious rumors accusing us of manipulating the forced liquidation system. We hereby would like to point out the fact that, most of the similar price movements in the market are caused by forced liquidation orders.

In using OKX’s services, you agree that you may be subject to the Forced Repayment Mechanism in the aforesaid or analogous situations. It is described in further detail below.How does the Forced Repayment Mechanism ("FRP") and Auto-Crypto Conversion work?Platform Based FRP OKX imposes a dynamic Platform borrowing limit for each cryptocurrency.

What's Forced Royalty Contract？ OKX Web3 Wallet Forced Royalty Contract provides a complete end-to-end solution for your collection, ensuring that 100% of royalties are collected on every transaction in the secondary market. To enable this feature, you must allow your collection to be traded exclusively on the Web3 Wallet Marketplace.How do I apply for the OKX Market Forced Royalty Contract?

Listing Timeline OKX is pleased to announce the listing of X (X empire) on our spot trading market. Please take note of the following schedule: X deposits will open at 12:00 pm UTC on Oct 15, 2024. X call auction will take place from 11:00 am to 12:00 pm UTC on Oct 24, 2024. X/USDT spot trading will open at 12:00 pm UTC on Oct 24, 2024. X withdrawals will open at 10:00 am UTC on Oct 25, 2024.

How do I participate in X Stake event?On the App Go to the Web3 page > Tap Boost > select X StakeOn the Web Go to the Web3 page > Boost > X Stake During the event, the system takes a daily snapshot of your Boost Volume and Boost Balance. If you’re eligible, you can select the Join button on the event page and stake the required tokens on X Layer to participate in the event. Your rewards will be calculated from the start of your participation.

How do I use the X Layer address?

How can I get USDG on X Layer and what are my options? There are four main ways to get USDG on X Layer: OKX Exchange: trade for USDG directly and move it to X Layer seamlessly Cross-Chain Bridges: if you already hold USDG, you can bridge it over from other networks instantly DEXs: swap for USDG right inside X Layer's growing DeFi ecosystem Lending Protocols: supply your USDG to earn yield or use it as collateral You can also buy USDG directly here. 2.

There might be scenarios where user-based forced repayment or platform-based forced repayment is triggered and assets are sold to repay liabilities. For more details, refer to Forced repayment.

The Eligible Tokens and asset thresholds required will be specified in detail in the relevant X Drops Club campaign terms and conditions. 2. Each X Drops Club campaign has a specific start date and end date (the "Promotion Period"). Please review the latest X Drops Club FAQ page for the applicable Promotion Period. 3. By accessing the event page and participating in this event, you are deemed to have read, understood, and agreed to be bound by these Terms and Conditions. 4.

X Layer is a permissionless blockchain. It has no control over and is not responsible for the services of third-party platforms built on X Layer. Not all products are offered in all regions. For more information, please refer to the X Layer Terms of Service.

Dear OKX customers, OKX is pleased to announce the upcoming launch of the OKX DeFi x Lido x Cryptopedia Season 6 Yield Boost Campaign on August 22, 2023, at 10am (UTC). By participating in and completing the interactive quests of Lido-ETH through OKX DeFi, you will have a chance to share a prize pool of $100,000 worth of stETH. If you participate in Cryptopedia Season 6, you also have a chance to share the $20,000 worth of DAI rewards. 1.

To expand multi-chain access and better meet users’ trading needs, OKX is pleased to announce support for BABYDOGE deposits and withdrawals on the X Layer chain, offering users greater flexibility and an enhanced on-chain experience. As part of the ongoing X Layer PP upgrade and OKB gas optimisation, BABYDOGE support on the OKTC chain will be gradually sunset.

X Layer is a permissionless blockchain. It has no control over and is not responsible for the services of third-party platforms built on X Layer. Not all products are offered in all regions. For more information, please refer to the X Layer Terms of Service.

We'll be supporting the X Layer (OKB) network upgrade. We’ll suspend deposits and withdrawals of X Layer (OKB) and tokens belonging to the network at 02:00 pm UTC on October 27, 2025. The services will resume once the upgraded network is stable without further announcement. If you hold any OKB and tokens belonging to the X Layer network in your account, you don’t need to do anything during the upgrade period.