In order to improve market liquidity and mitigate risks, OKX will adjust the position tiers of ETHW/USDT margin trading at 9:00-10:00 am UTC on Sep. 30.
Specific adjustment details are as follows:
| Trading Pairs | Tier | Max. borrow amount (Base currency) (Before) | Max. borrow amount (Base currency) (After) | Max. borrow amount (USDT / BTC) (Before) | Max. borrow amount (USDT / BTC) (Before) (After) | Maintenance margin ratio | Min. initial margin ratio | Max. leverage |
| ETHW/USDT | 1 | 200 | 1,000 | 1,500 | 10,000 | 8.00% | 20.00% | 5 |
| 2 | 400 | 2,000 | 3,000 | 20,000 | 10.00% | 33.00% | 3 | |
| 3 | 600 | 3,000 | 4,500 | 30,000 | 15.00% | 50.00% | 2 | |
| 4 | 800 | 4,000 | 6,000 | 40,000 | 16.00% | 51.00% | 1.96 | |
| 5 | Increase by 200 from the previous tier | Increase by 1,000 from the previous tier | Increase by 1,500 from the previous tier | Increase by 10,000 from the previous tier | Increase by 1.00% from the previous tier | Increase by 1.00% from the previous tier | Max. leverage of the tier |
Learn more: https://www.okx.com/trade-market/position/margin
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
Sep. 30, 2022 (UTC)