Trade with OKX as a new wholesale client and get rewarded
When your account is upgraded to a Wholesale account and you start trading with us, you'll receive a reward once you meet the following key eligibility requirements:
Step 1 | Open an account with OKX and complete the KYC process. |
Step 2 | Submit necessary documents and get approved as a wholesale client with OKX. |
Step 3 | Deposit at least AUD 10,000 (or equivalent in accepted cryptocurrencies) into your trading account within 30 days of approval as a wholesale client and start trading. |
Step 4 | Achieve a notional trading volume equivalent to at least AUD 10 million in spot and/or derivative products within 60 days of the date of your first deposit as a wholesale client. |
The full list of criteria and exclusions can be found in the Wholesale New User Bonus Campaign Terms and Conditions below. Once all these criteria are met, you will be eligible to receive a reward.
Based on the net deposit and trading volumes achieved within the timeframes specified above, you can qualify for one of the following reward tiers.
Tier | Net Deposit (AUD or AUD-equivalent) | Trading Volume (Notional AUD-equivalent) | Reward (AUD, credited in USDT-equivalent) |
1 | $10,000 | $10 million | $2,000 |
2 | $25,000 | $25 million | $5,000 |
3 | $50,000 | $50 million | $10,000 |
4 | $75,000 | $75 million | $15,000 |
5 | $100,000 | $100 milllion | $20,000 |
Please note: The reward amount is quoted in AUD but will be credited to your account in the USDT-equivalent at the time of payout. You must fulfil both the deposit and trading volume thresholds for a specific reward tier to receive the corresponding reward. Rewards are awarded based on the highest single tier achieved during the specified timeframes; tiers are not cumulative.
To qualify for the Wholesale New User Bonus campaign, you must meet the following key criteria:
- Wholesale client status: Qualify as a wholesale client under the Corporations Act 2001 (Cth) and be approved as such by OKX.
- Deposit Requirement: Deposit at least AUD 10,000 (or equivalent in accepted cryptocurrencies) into your trading account within 30 days of approval as a wholesale client and start trading.
- Trading requirement: Achieve a notional trading volume equivalent to at least AUD 10 million in spot and derivative products within 60 days of the date of your first deposit as a wholesale client
The full list of criteria and exclusions can be found in the Wholesale New User Bonus Campaign Terms and Conditions below. Once all these criteria are met, you will be eligible to receive a reward.
Based on the net deposit and trading volumes achieved within the timeframes specified above, you can qualify for one of the following reward tiers.
Tier | Net Deposit (AUD or AUD-equivalent) | Trading Volume (Notional AUD-equivalent) | Reward (AUD, credited in USDT-equivalent) |
1 | $10,000 | $10 million | $2,000 |
2 | $25,000 | $25 million | $5,000 |
3 | $50,000 | $50 million | $10,000 |
4 | $75,000 | $75 million | $15,000 |
5 | $100,000 | $100 milllion | $20,000 |
Please note: The reward amount is quoted in AUD but will be credited to your account in the USDT-equivalent at the time of payout. You must fulfil both the deposit and trading volume thresholds for a specific reward tier to receive the corresponding reward. Rewards are awarded based on the highest single tier achieved during the specified timeframes; tiers are not cumulative.
OKX will review your net deposits and trading volume shortly after 60 days following your first deposit as a wholesale customer. If OKX determines that you're eligible for a reward, your bonus will be credited to your trading account shortly after.
The OKX Wholesale New User Bonus (Campaign) is only for wholesale clients (as defined under the Corporations Act 2001 (Cth) (Corporations Act)) and is available for the Campaign Period as defined in the Campaign's terms. OKX Australia Financial Pty Ltd (OKX) reserves the right to extend or withdraw this offer at any time at its sole discretion.
Subject to meeting the terms applicable to the Campaign (which are set out below), the participant will be eligible for a reward that will be credited to their account depending on the reward tier achieved (notably, the participant will be required to open an account, be approved as a wholesale customer, and within specified timeframes, deposit a minimum of AUD 10,000 into their OKX trading account and complete trades totalling a minimum notional value equivalent to at least AUD $10,000,000 in spot and/or derivative products.
Please also see our standard disclaimer below.
For the full Campaign terms, see below.
Introduction
- These OKX Wholesale New User Bonus Terms and Conditions ("Terms") apply to the OKX Wholesale New User Bonus Campaign ("Campaign") and govern the relationship the provider of this Campaign, OKX Australia Financial Pty Ltd ("OKX", "we", "us"), and participants in the Campaign.
- You can only participate in this Campaign if you agree to these Terms, so you should carefully read them before you participate. By participating in this Campaign, you are taken to agree to these Terms.
- This Campaign will commence on 13/12/24 12:00PM AEST and will continue until such a time as OKX, in its sole discretion, decides to end the Campaign ("Campaign Period").
Eligibility Criteria
- To be eligible to participate in the Campaign:
- you must open an account with OKX and complete all verification procedures (including Know-Your-Customer checks); and
- you must be a wholesale client (as defined under the Corporations Act 2001 Cth) ("Corporations Act")), and be approved as such by OKX after submitting the required documentation for wholesale client approval.
- This Campaign is not open to:
- any person who is a retail client (as defined under the Corporations Act);
- any person who is an employee of OKX or any of its related entities, as well as their immediate family members; or
- any person who is an employee of any agencies associated with the Campaign, as well as their immediate family members.
- If OKX determines (acting reasonably) that a participant does not satisfy the criteria set out in paragraph 4, the participant will not be eligible for a reward under this Campaign.
Trading reward requirements
- Eligible participants will qualify for a reward in USDT ("Reward") during the Campaign Period if they:
- satisfy the eligibility criteria set out in paragraph 4; and
- complete both the following tasks within the specified timeframes:
- Deposit Requirement: Deposit a minimum of AUD $10,000 (or equivalent in accepted cryptocurrencies) into their trading account within 30 days of being approved as a wholesale client with OKX; and
- Trading Requirement: Complete trades totalling a minimum notional value equivalent to 10, 000,000 AUD in OKX derivative and spot products within 60 days of their first qualifying deposit. Where applicable, OKX will determine (acting reasonably) the applicable exchange rate to calculate the AUD equivalent in accordance with its internal procedures.
- Based on the net deposit and trading volume achieved within the specified timeframes, participants will qualify for one of the following reward tiers. The reward amount is quoted in AUD but will be credited to the participant's OKX account in the USDT equivalent at the time of payout.
- Participants must fulfil both the deposit and trading volume thresholds for a specific tier to receive the corresponding reward. The Reward is awarded based on the highest single tier achieved during the specified timeframe; tiers are not cumulative.
- The Reward will be credited to eligible participants' OKX accounts in the USDT equivalent of the AUD amount specified in the corresponding reward tier and within 30 days after the end of the 60-day trading period. The USDT equivalent will be calculated at the time of distribution. There may be a delay in the distribution of rewards due to unforeseen technical or operational issues.
General terms
- These Terms form part of the OKX Terms of Service - Australia. If we reasonably determine that you have not complied with your obligations under the OKX Terms of Service - Australia at any time, you will not be eligible to participate in the Campaign.
- OKX reserves the right to amend, suspend, extend, or terminate the Campaign at any time. If withdrawn, we'll honour the reward offer in respect of any users who have met these Terms before the offer is withdrawn.
- This Campaign should not form the basis of any decisions made in relation to potential trades or account activity. This Campaign is not intended as a recommendation to deal in any products, or as investment advice.
- Any and all applicable taxes and all fees and additional expenses related to acceptance and use of the Reward are the sole responsibility of the individual reward recipient.
- During the Campaign Period, OKX will monitor the behaviour of traders to avoid any form of cheating or abnormal behaviour, including but not limited to: registering multiple accounts, using other people's accounts, using other people's information to register accounts, providing false KYC information, maliciously increasing trading data, engaging in laundering trades or wash trades, violating the terms and conditions of the Campaign, violating local regulatory rules for transaction and any other campaigns related to illegal, fraudulent or harmful purposes, etc. If any of the above acts are discovered by OKX, OKX reserves the right to disqualify the participant from the Reward and Campaign.
- If we reasonably determine that you have used this Campaign in a manner that is not satisfactory or otherwise not in line with the intent of the Campaign, we may ban you from participating in the Campaign and not provide the Reward to you, at our sole discretion and without notice.
Risk warning
- Digital asset prices are subject to high market risk and price volatility. The value of your investment may fluctuate and you may lose the amount invested. You are solely responsible for your investment decisions and OKX is not liable for any losses that may arise. Past performance also does not constitute a reliable predictor of future performance. You should only invest in products that you are familiar with and understand the risks involved. You should consider your own investment experience, financial situation, investment objectives and risk appetite and consult an independent financial adviser before making any investment. This campaign and the terms and conditions should not be regarded as financial advice.
- The value of digital assets, including but not limited to stablecoins, can and do fluctuate greatly from time to time. The value of any reward under this campaign at the time a participant qualifies for such reward may not be equal to the value of such reward at the time of distribution to the participant. Due to such fluctuations, users may experience a significant increase or decrease in the value of their assets at any given moment.