OKX: Single-Collateral Loan migration notice

OKX will no longer support Single-Collateral Loans. You can find our previous announcements here.

https://www.okx.com/help/okx-will-stop-supporting-single-collateral-loan

https://www.okx.com/help/okx-single-collateral-loan-repayment-notice

We have noticed that you still have an outstanding liability for Single-Collateral Loan despite the earlier announcements and our attempts at contacting you.

Please repay the liability as soon as possible, and no later than 8:00 AM on March 01, 2025 (UTC). If the liability isn’t repaid by this date, OKX will be required to migrate all your Single-Collateral Loan orders to Multi-Collateral Loan orders. The effects of this will include that multiple collateral cryptos and multiple loan cryptos in Single-Collateral Loan will be merged into one Multi-Collateral Loan, which may have a negative impact on your loan-to-value ratio and increase your chances of liquidation. Risk management of your loans will be determined by reference to loan-to-value ratio.

To inquire about your existing Single-Collateral Loan order:

• On OKX app: Navigation bar > Asset > Loan
• On OKX web: OKX > Asset Management > My Assets > Grow > Loan > Single-collateral Loan

Thank you for your support and understanding. For any inquiries, please feel free to contact us via the support center or connect with us on any platform of your choice.

OKX team

Feb 10, 2025