OKX Announces Adjustment to Minimum Price Precision for Spot and Margin Trading Pairs

As part of its ongoing efforts to enhance market liquidity and improve user trading experience, OKX will adjust the minimum price precision for selected spot and margin trading pairs on March 31, 2023, from 14:00 to 14:30 (UTC+8). This update applies simultaneously to both spot and corresponding margin trading pairs.

The adjustment will be rolled out in phases across multiple trading pairs, with brief two-minute trading suspensions during each change. Users are advised to review the details below to understand how this update may affect their open orders, strategies, and overall trading activity.

Adjusted Trading Pairs and Schedule

Below is a comprehensive list of affected trading pairs, along with their previous and updated price precision settings:

CTC/USDT

• Before: 0.001
• After: 0.0001
• Time Window: 14:00 – 14:02 (UTC+8)

TAKI/USDT

• Before: 0.00001
• After: 0.000001
• Time Window: 14:03 – 14:05 (UTC+8)

ALGO/BTC

• Before: 0.0000001
• After: 0.00000001
• Time Window: 14:06 – 14:08 (UTC+8)

INT/BTC

• Before: 0.000000001
• After: 0.0000000001
• Time Window: 14:09 – 14:11 (UTC+8)

DCR/BTC

• Before: 0.00001
• After: 0.000001
• Time Window: 14:12 – 14:14 (UTC+8)

WAVES/BTC

• Before: 0.000001
• After: 0.0000001
• Time Window: 14:15 – 14:17 (UTC+8)

FLOW/ETH

• Before: 0.00001
• After: 0.000001
• Time Window: 14:18 – 14:20 (UTC+8)

ONT/BTC

• Before: 0.0000001
• After: 0.00000001
• Time Window: 14:21 – 14:23 (UTC+8)

ICX/BTC

• Before: 0.0000001
• After: 0.00000001
• Time Window: 14:24 – 14:26 (UTC+8)

👉 Discover how OKX’s advanced trading tools can help you adapt quickly to precision changes and optimize your strategy today.

Risk Notice: Temporary Trading Suspension

During each two-minute adjustment window, the specific trading pair being updated will be temporarily suspended from all trading activities. This includes:

• Placing new orders
• Canceling existing orders
• Adding margin
• Fund transfers related to the affected pair

All other trading pairs will remain fully operational. To minimize disruption, users are strongly encouraged to:

• Close or modify open positions in advance
• Cancel limit orders with outdated precision
• Adjust automated strategies accordingly

Failure to act beforehand may result in unintended order cancellations or execution delays.

Order Handling Rules During Precision Adjustment

Understanding how your active orders are processed during this transition is crucial for risk management.

Case 1: Price Precision Decreases (e.g., from 0.01 to 0.001)

When precision increases (i.e., more decimal places), only orders that comply with the new standard will remain active.

Limit Orders

• If an order's price uses more decimal places than allowed after adjustment, it will be automatically canceled.
• Orders within the new precision limit will be retained.

Example: A limit order at 130.2442 would be canceled if the new maximum precision is 130.24, while an order at 130.24 remains valid.

Conditional & Strategy Orders

All conditional orders—including take-profit, stop-loss, and algorithmic strategies—are subject to the same rule.

• Grid and Martingale strategies (e.g., spot grid, futures grid, dual-grid, Martingale bots): If any open grid order is canceled due to precision mismatch, the entire strategy will be terminated.
• Other strategies (e.g., dollar-cost averaging, time-weighted trading, iceberg orders, arbitrage bots, stop orders): These will survive cancellation of individual orders and automatically re-submit trades using the updated price precision once trading resumes.

👉 Explore OKX’s full suite of automated trading solutions designed for evolving market conditions.

Case 2: Price Precision Increases (e.g., from 0.01 to 0.1)

When precision decreases (fewer decimal places), all existing orders are preserved regardless of their original formatting.

No automatic cancellations occur in this scenario—your orders remain intact even if they contain extra decimals not aligned with the new format.

Handling of Historical Data and Position Display

How your past trades and current holdings appear post-adjustment depends on your platform and the direction of change.

Web & Mobile App Users

For spot and margin positions:

• When precision increases (more decimals): Historical trades and open positions are displayed using the new precision level.
• Buy orders are shown with prices rounded down (truncated).
• Sell orders are shown with prices rounded up (ceiling).
• This ensures consistency across UI elements without altering actual trade records.

API Traders

API users benefit from enhanced data fidelity:

• Historical order records and position details retain their original price precision.
• No rounding or truncation occurs on the backend.
• Developers can access raw data for accurate backtesting and reporting.

Note: Even though display formats differ between platforms, the underlying trade history and account balances remain unchanged and accurate.

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Frequently Asked Questions (FAQ)

What happens to my open grid bot during the precision change?

If any order in your grid strategy violates the new price precision rules, the entire bot will be terminated. You’ll need to restart it manually after verifying compatibility with the updated pair settings.

Will my stop-loss or take-profit orders be canceled?

Only if their price values exceed the allowed decimal places after adjustment. Otherwise, they remain active and will trigger under normal conditions once trading resumes.

Can I place orders during the two-minute suspension?

No. Trading is fully paused for the affected pair during each adjustment window. Other pairs continue normal operations.

Do these changes affect futures or perpetual contracts?

No. This announcement applies exclusively to spot and margin trading pairs listed above. Futures markets are unaffected.

How does OKX notify users about such changes?

OKX typically sends email alerts, in-app notifications, and publishes official announcements at least 72 hours in advance—just like this one.

Are API traders treated differently?

Yes. While web users see rounded values for historical data, API responses preserve exact original precision, ensuring accurate integration with third-party tools and algorithms.

👉 Stay ahead of future updates by leveraging OKX’s real-time API and proactive alert system—start building smarter today.

Final Thoughts

While technical adjustments like minimum price precision changes may seem minor, they play a vital role in maintaining fair, liquid, and efficient markets. By refining granularity in pricing, OKX enables tighter spreads, better execution, and improved performance for algorithmic traders.

Users are encouraged to review their active strategies, especially automated ones, ahead of scheduled maintenance windows. Proactive management ensures seamless continuity and protects against unexpected disruptions.

OKX remains committed to delivering a secure, transparent, and high-performance trading environment for all users—whether you're a casual trader or a professional quant developer.

Thank you for trusting OKX as your digital asset platform of choice.