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What's KYC: What to expect and why it matters?
Here’s what to expect: Faster processing times through automation and AI-driven verification Stronger security with encrypted storage and facial recognition tools Privacy-centric updates that minimize unnecessary data exposure Broader support for global ID types and regional verification options As regulations evolve, so will KYC—and we’re committed to keeping your experience seamless and secure.Published on Jun 24, 2025Updated on Jan 15, 2026FAQ55Crypto Tax Reporting
The IRS first introduced the question related to virtual currency on Schedule 1 of Form 1040 for the tax year 2019. Ever since the same question about virtual currency appears on the front page of the form 1040 below the section of taxpayer's personal information. The Department of the Treasury and the IRS provided guidelines on information reporting obligations for digital asset brokers.Published on Sep 24, 2025Updated on Feb 13, 2026FAQOKX to list USD-margined expiry futures
The following contracts will be listed first: BTCUSD UM-20FEB26 BTCUSD UM-27FEB26 BTCUSD UM-27MAR26 BTCUSD UM-26JUN26 XAUUSD UM-20FEB26 XAUUSD UM-27FEB26 XAUUSD UM-27MAR26 XAUUSD UM-26JUN26 Listing rules for USD-margined expiry futures: Contract durations 4 durations: Weekly/Bi-weekly Quarterly/Bi-quarterly (March, June, September, and December) Expiration time Weekly: every Friday at 8:00 am UTC Quarterly: the last Friday of each calendar quarter at 8:00 am UTC Listing time New contracts are listedPublished on Feb 11, 2026Updated on Feb 11, 2026AnnouncementsHow do I capture dual-pronged arbitrage opportunities with the OKX ETH/BTC Bot?
While the ETH/BTC Bot presents lucrative opportunities, users need to consider certain factors for optimal utilization: Suited for an oscillating upward trend The bot is most effective when the market exhibits an oscillating upward trend, where ETH gains are expected to surpass those of BTC. Adapting to downward oscillations During downward oscillations, when BTC gains surpass ETH, the bot adjusts by using invested BTC to acquire more ETH.Published on Mar 6, 2024Updated on Sep 10, 2025FAQ27Spot grid bot FAQ
I tried to manually evaluate my profit for an order group in the order history of my Spot grid bot, but the profit seems significantly smaller than what I expected. Why could this be? This difference in calculated profit is likely due to how initialization orders are handled for visualization purposes. Here’s why: Bot initialization orders: When you first create your Spot grid bot, some of the buy and sell orders may be filled at better prices compared to their theoretical grid levels.Published on Aug 28, 2025Updated on Jan 22, 2026FAQ17Do I need to pay fees for deposit and withdrawal?
If your balance is insufficient but partially available, the available balance will be deducted first, and the remaining fee will be deducted from the withdrawal amount.Published on Jun 1, 2023Updated on Mar 16, 2026FAQ5,562Price limit rules
Sell orders: Your order will be cancelled if the estimated filled price is lower than best bid price * 0.95.Options price limit OKX will dynamically set risk control rules based on options market price, Delta and other parameters.Published on Jun 16, 2022Updated on Jan 28, 2026Product documentationHow can I protect myself from scammers?
Report the user immediately through the platform’s reporting or appeal function.7. What is the “Please Pay on My Behalf” scam and how can I avoid it? Scammers may use Alipay to send you a “Please pay on my behalf” request and provide a screenshot as proof. If you don’t notice the trick, you could be scammed. If you encounter this behavior, please don't proceed with the payment and kindly submit an appeal immediately.Published on Aug 21, 2023Updated on Mar 3, 2026FAQ12,045What should I do during or after a scam?
You can now report scams directly on our platform, via both app and web. On the app: head to Menu > Profile & Settings > Security > Community safety > Report scam or suspicious activity Example of where you can report the scam on the app On the web: go to Security → Community Safety → Report scam or suspicious activity. Example of where you can report the scam on the web Or you can easily reach out to our customer service via our Help bot on the Support center page.Published on Mar 11, 2024Updated on Mar 4, 2026FAQ726Strategy order types
He expects to take profits when the market price surges to 10,000 USD and to stop losses when the market price drops to 8,000 USD. Joe places an OCO order as shown below.Published on Nov 30, 2022Updated on Mar 12, 2026Product documentationSmart Portfolio
The Smart Portfolio bot is an automatic strategy for dynamically rebalancing the position of user-selected crypto pairs. Dynamic rebalancing will assist in keeping a consistent proportion of each crypto in the user's portfolio. Users can select from two triggering modes of position rebalancing, one is based on a scheduled interval and the other one is based on a rebalancing threshold on the proportion ratio deviation of each crypto.Published on Jun 22, 2022Updated on Jan 28, 2026Product documentationWhat are the tax implications for CeDeFi trading?
OKX is NOT obligated to report CeDeFi trades to the IRS and issue Form 1099-DA. It's solely users' responsibility to keep track of the cost basis of crypto assets within a self custody wallet and report realized gains / losses on income tax returns.Published on Nov 12, 2025Updated on Dec 17, 2025FAQHow do I use the custom formula feature?
Navigate to the Trading screen Select Advanced Select Custom Formula from the list of options Select Custom Formula from the Advanced option Enter your formula using mathematical operators For instance, you would like to compare SOL’s performance to BTC using SOL/BTC, or evaluate the stronger pair by calculating SOL/BTC – ETH/BTC You can create a formula using up to 10 pairs with +, -, /, and * operations Once a formula is created, the chart dynamically updates with candles that reflect the calculatedPublished on Mar 5, 2025Updated on Sep 10, 2025FAQ4Tax Center General FAQ
Starting with the 2025 tax year, OKX is required to issue this form to report sales, trades, or exchanges of digital assets to both you and the IRS.What transactions trigger a Form 1099-DA? You will receive a 1099-DA if you engage in any of the following taxable events: Crypto to Fiat: Selling crypto (like Ethereum) for US Dollars. Crypto to Crypto: Swapping one token for another (for example, BTC for SOL).What information is reported on the 1099-DA?Published on Nov 25, 2024Updated on Feb 13, 2026FAQ14How do I use the custom interval feature?
Adapt to various market conditions: adjust intervals dynamically based on market volatility and trading goals. By using the Custom interval feature, traders can refine their market analysis with greater flexibility, making it easier to adapt to different trading strategies and market conditions. Learn how you can use the custom formula feature here.Published on Mar 5, 2025Updated on Sep 10, 2025FAQ5