Dear valued customers,
Starting from 12:30 Jun 13, 2019 (CEST, UTC+2), we will replace the risk ratio with margin ratio for margin trading. Margin ratio will be available on both website and app. For the old app versions and API, users can still select risk ratio. Our API will include margin ratio description.
1. Margin ratio = original risk ratio -1 = (total balance in spot account - margin - interest) / margin*100%;
2. When margin ratio ≤10%, forced-liquidation will be triggered for your account in order to repay margin lending;
3. When margin ratio ≤20%, user will receive a forced-liquidation alert;
4. When 5x leverage margin ratio > 25%, or when 3x leverage margin ratio > 50%, fund can be transferred out.
Reminder: you can now settle the spot trading fees and margin trading interest with loyalty points.
Thank you for your continued support and we assure you of our best services at all times.
Regards,
OKX
June 13, 2019
