OKX to launch feature for setting collateral cryptocurrencies in multi-currency margin mode

To further enhance your trading experience and improve the flexibility of capital and risk management, OKX will launch a feature for you to set your chosen cryptocurrencies as collateral in multi-currency margin mode. This feature allows you to select cryptocurrencies for cross-margin risk sharing in your account, providing greater flexibility in optimizing your trading strategies. The feature will be available to all users on March 28, 2025, at 8:00am UTC.

Trading eligibility after setting a crypto as collateral

When a crypto is set as collateral, its USD-equivalent value, determined by the crypto’s discount rate, will be included in the adjusted equity of the cross-margin account. The collateral crypto can be used for spot and margin, futures, and options trading in cross and isolated margin modes. Additionally, all selected collateral cryptocurrencies participate in risk sharing, providing margin support for all positions within the cross-margin account.

Trading eligibility after removing a crypto as collateral

When a crypto is removed as collateral, it’ll no longer be included in the adjusted equity of the cross-margin account. It can only be used for spot trading and can’t be used for margin, futures, or options trading under both cross and isolated margin modes. Each crypto removed as collateral is isolated, meaning it’ll not provide margin support for any positions in the cross-margin account and has no liquidation risk. Additionally, changes in the removed crypto’s balance won’t affect the overall risk of the cross-margin account. By removing a crypto as collateral, you can implement an asset management strategy that separates the risk of the specific crypto.

Note: If you’re currently using multi-currency mode, all eligible cryptocurrencies will be set as collateral by default. To adjust your collateral crypto setting, go to Set margin collateral.

How to adjust the collateral crypto setting?

There are 3 ways to access the margin collateral setting:

1. On the trading screen, go to the Asset tab and select the setting adjustment icon.

2. On the Trading account screen, select the setting adjustment icon.

3. On the trading screen, tap on the MM icon in the top-right corner.

To learn more about collateral cryptocurrencies and how to adjust your collateral setting, refer to the relevant sections of the following product document: Setting collateral cryptocurrencies in multi-currency account mode

Risk warning: Adjusting the collateral crypto setting will change the risk-sharing status of your account’s assets. Adjust your setting accordingly based on your trading needs.

We appreciate your continued support and look forward to enhancing your trading experience with this new feature.

OKX team

March 6, 2025