OKX adjusts position tiers for DOGEUSDT perpetual swap

Publicado el 29 ene 2021lectura de 2 min

Dear valued customers,

In order to improve market liquidity and mitigate risks, OKX will adjust the position tiers for DOGEUSDT perpetual swap at 13:30 (UTC) on Jan 29,2021(UTC).

Specific adjustment details are as follows:

Before-adjusted tiers of DOGEUSDT perpetual contract:

Tier

Min. amount (Cont)

Max. amount (Cont)

Maintenance margin ratio

Min. initial margin ratio

Max. leverage

1

0

500

1.00%

1.30%

75.00

2

501

1,200

1.50%

2.00%

50.00

3

1,201

5,000

2.00%

5.00%

20.00

4

5,001

10,000

2.50%

5.50%

18.18

5and above

Increase by 5,000 conts from the previous tier

Increase by 5,000 conts from the previous tier

Increase by 0.5 % from the previous tier

Increase by 0.5 % from the previous tier

Max. leverage of the tier

Adjusted tiers of DOGEUSDT perpetual contract:

Tier

Min. amount (Cont)

Max. amount (Cont)

Maintenance margin ratio

Min. initial margin ratio

Max. leverage

1

0

200

1.00%

1.30%

75.00

2

201

500

1.50%

2.00%

50.00

3

501

2,000

2.00%

5.00%

20.00

4

2,001

4,000

2.50%

5.50%

18.18

5and above

Increase by 2,000 conts from the previous tier

Increase by 2,000 conts from the previous tier

Increase by 0.5 % from the previous tier

Increase by 0.5 % from the previous tier

Max. leverage of the tier

Risk disclaimer

Users' maintenance margin ratio may increase because of tier adjustments and market volatility. To prevent forced liquidations caused by these adjustments, users are encouraged to decrease leverage by either increasing margins or closing positions.

For any inquiries regarding this adjustment, please feel free to contact us in the OKX Telegram group or via the Support Center.

OKX
Jan.29, 2021(UTC)

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