Disable full liquidation mode in Futures transactions

Dear customer,

We will cancel Full Liquidation Mode in Futures transactions after settlement on July 19, 2019. All users will be automatically bridged to the new partial liquidation mode.

Please note that if you are still using Full Liquidation Mode, your maintenance margin ratio may change after transfer. Please exercise necessary rebase for your margin / position to avoid risk.

Since the launch of our new risk management system, it has significantly improved our users' transaction experience. Besides preventing tiered liquidation, it provides users with more options regarding the level of leverage. Currently, more than 98% of our users have switched to the new tiered maintenance margin system (partial liquidation mode). To maintain an impartial marketplace, we have decided to terminate support for full liquidation mode.

Thank you for your support and we assure you of our best services at all times.

Sincerely,

OKX

July 10, 2019