Dear OKX Users,
To streamline account management and enhance trading efficiency, OKX will officially retire Classic Accounts on January 26, 17:00 (HKT). This change follows the successful adoption of Unified Accounts by 99.9% of users, proven stable during multiple market volatility events.
Key Actions Required Before Deadline
Close Positions:
- Settlement contracts (Futures, Perpetual Swaps, Options) must be manually closed.
- Margin traders must repay outstanding loans.
- Pending Orders:
All open orders in Classic Accounts will be canceled automatically at cutoff. - Asset Migration:
Remaining funds will transfer to your Unified Account’s isolated margin balance or coin wallet.
👉 Need help migrating? Visit OKX Support
Migration Rules Explained
| Classic Account Feature | Unified Account Outcome |
|---|---|
| Isolated Positions | Migrates as-is |
| Hedged Positions | Net exposure re-opened at original entry price |
| Cross-Margin Positions | Closed at mark price; reopened as isolated positions |
FAQs
Q: Will my funds be safe during migration?
A: Yes. Assets automatically transfer to equivalent wallets in your Unified Account.
Q: Can I trade during the transition?
A: Classic Account trading halts at cutoff, but Unified Accounts remain operational.
Q: What if I miss the deadline?
A: Outstanding positions undergo forced liquidation; losses incurred are the user’s responsibility.
For further assistance, contact OKX via:
- Live Chat
- Official Social Channels
- Account Managers
Pro Tip: Complete migrations early to avoid last-minute congestion.
👉 Start trading seamlessly with Unified Accounts today
OKX reserves the right to amend terms based on market conditions. Last updated January 2022.
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