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Time-weighted Average Price (TWAP)
What is the Time-weighted Average Price? Time-weighted average price (TWAP) strategy splits your order and places smaller orders at regular time intervals. It is a strategy that will attempt to execute an order which trades in slices of order quantity at regular intervals of time as specified by users. The purpose of TWAP is to minimize the market impact on basket orders. This bot triggers the order based on the predefined time intervals.Published on 17 Jun 2022Updated on 1 Apr 2025Product documentationOKX to list Big Time (BIGTIME) for spot trading
Asset name: Big Time Ticker: BIGTIME Total supply: 5,000,000,000 Contract:0x64Bc2cA1Be492bE7185FAA2c8835d9b824c8a194 Risk warning: The foregoing overview and information, some of which may be provided by third parties and not OKX, are for informational and educational purposes only.Published on 10 Oct 2023Updated on 17 Nov 2025AnnouncementsThe official launch of the real-time settlement function for contracts
The profit shown on the position after the real-time settlement is the unrealized profit and loss from the opening of the position to the current time. 3) Settlement records: New settlement records will not be generated after real-time settlement, and historical settlement records still support query. Additionally, suppose a user holds DOTUSD perpetual swap or futures positions at 8:00 am UTC on Dec. 30, 2020.Published on 29 Dec 2020Updated on 17 Nov 2025AnnouncementsThe official launch of the real-time settlement function for contracts
The profit shown on the position after the real-time settlement is the unrealized profit and loss from the opening of the position to the current time. 3) Settlement records: New settlement records will not be generated after real-time settlement, and historical settlement records still support query.Published on 28 Dec 2020Updated on 17 Nov 2025AnnouncementsChanges in Perpetual Swap Settlement Time and Price Limit
After reviewing the experience in the simulation trading competition, we decided to make the following changes on the settlement time and price limit in order to better protect the interest of our traders: Settlement Time: The settlement time will be changed from 10:00 (CET, UTC +1, the same below) daily to 03:00 and 15:00 daily. The time for funding, societal loss execution, and insurance fund injection will also be changed to 03:00 and 15:00 daily.Published on 14 Dec 2018Updated on 17 Nov 2025AnnouncementsAugust Challenge: learn & earn for first-time P2P traders in Türkiye!
Learn & earn is 40 USD equivalent to TRY To be eligible for Promotion A and Promotion B, users must answer 7 out of 8 quiz questions correctly Rewards will be distributed within 14 business days after the promotion is concluded If any participant is found or deemed to be ineligible, prohibited, or disqualified for this activity for any reason, OKX reserves the right to confiscate, withdraw, or withhold any prizes, rewards, or gifts at any time.Published on 12 Aug 2023Updated on 17 Nov 2025AnnouncementsLaunch of real-time settlement for USDT-margined perpetual swaps and futures
Asset: The "Realized P&L" information will no longer be displayed, and the realized profit and loss generated by a transaction after the real-time settlement is still calculated in the account equity. 2. Position: "Settlement price", "Settled earnings" and "Unrealized P&L" information will no longer be displayed. The profit shown against the position after the real-time settlement is the unrealized profit and loss from the opening of the position to the current time. 3.Published on 18 Jan 2021Updated on 17 Nov 2025AnnouncementsLimited-Time Offer: 50% Deposit Discount for IDR Merchants Upgrading to Diamond
We are pleased to announce a limited-time 50% deposit discount for IDR Lite and Super Merchants upgrading to Diamond Merchant status. During the promotion period, the deposit requirement will be reduced to 500 USDT. Promotion Period December 24, 2025, 12:00 UTC+7 – January 1, 2026, 23:59 UTC+7 Starting January 1, 2026, the Diamond Merchant deposit requirement will return to the standard 1,000 USDT.Published on 24 Dec 2025Updated on 24 Dec 2025AnnouncementsLaunch of Futures Contract Daily Settlement and Adjustments of Perpetual Swap Settlement and Funding Time
Adjustments of Perpetual Swap Settlement and Funding Time The settlement and funding time of perpetual swap will be changed from 22:00, 6:00, and 14:00 daily (CEST, UTC+2) to 02:00, 10:00, and 18:00 daily (CEST, UTC+2), effective for all contacts from Aug 28, 2019. I.e. after the settlement at 14:00 Aug 27, 2019 (CEST), the next settlement and funding will take place at 02:00 Aug 28, 2019 (CEST).Published on 21 Aug 2019Updated on 17 Nov 2025AnnouncementsHow do I make full use of OKX's time-saving NFT trading tools?
In the fast-paced world of cryptocurrency trading, time is of the essence. To empower you with greater control over their trades, we offer a suite of advanced features designed to streamline the trading experience. Let's delve into the time-saving tools that set OKX apart in crypto space. Order book mode: enhancing precision OKX introduces an Order Book Mode allows you to dive deep into market dynamics.Published on 5 Jan 2024Updated on 12 Sept 2025FAQ10Launch of real-time settlement functionality for LTCUSD, ETCUSD and other coin-margined perpetual swaps and futures
Asset: The "Realized P&L" information will no longer be displayed, and the realized profit and loss generated by a transaction after the real-time settlement is still calculated in the account equity 2. Position: "Settlement price", "Settled earnings" and "Unrealized P&L" information will no longer be displayed. The profit shown against the position after the real-time settlement is the unrealized profit and loss from the opening of the position to the current time 3.Published on 13 Jan 2021Updated on 17 Nov 2025AnnouncementsThe official launch of the real-time settlement function for ALGOUSD, ATOMUSD and other Coin-margined Perpetual Swaps
Asset: The information of "Realized P&L" is no longer displayed, and the realized profit and loss generated by the transaction after the real-time settlement is still calculated in the account equity; 2. Position: The information of "Settlement price", "Settled earnings" and "Unrealized P&L" will no longer be displayed. The profit shown on the position after the real-time settlement is the unrealized profit and loss from the opening of the position to the current time; 3.Published on 12 Jan 2021Updated on 17 Nov 2025AnnouncementsWhat should I do during or after a scam?
Report to local enforcement: report the incident to local police or law enforcement agencies and provide as much detailed information as possible, including the time, location, and amount involved, as well as the chat records, screenshots of transfers, and other evidence you collected. Provide feedback to platform customer service: if the (suspected) scam occurs on a cryptocurrency exchange platform, immediately contact customer service and provide them with feedback on the situation.Published on 11 Mar 2024Updated on 4 Mar 2026FAQ735How do I reorder after the P2P payment timeout?
If your order as a taker buyer was canceled due to a payment timeout, reordering is straightforward. Here's how you can reorder quickly and securely, ensuring a smooth trading experience on our platform. For Taker buyer: select the Need Help? option on the order details page Proceed to select Need Help For Maker buyer: the new reorder flow isn't available. You can submit a dispute via the Raise a...Published on 17 Dec 2024Updated on 25 Nov 2025FAQ70OKX reveals user compensation and loyalty rewards for after withdrawals reopen
For users who have made deposits, held tokens or traded during the period in which withdrawals were closed, OKX will put 20% of its total income from futures and perpetual swap transaction fees over the last seven weeks into an incentive fund that will be issued as a one-time payment to users based on their assets and transaction conditions. For OKB holders, the value of their OKB (in USDT) will be doubled in the asset weight calculation process. 2.Published on 24 Nov 2020Updated on 17 Nov 2025Announcements