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OKX adjusts position tiers of WEMIXUSDT perpetual swaps

BRAZILIEX

Related type: Others

2022-11-24 19:08

In order to improve market liquidity and mitigate risks, OKX will adjust the position tiers of WEMIXUSDT perpetual swaps at 11:30 am UTC on Nov. 24. Specific adjustment details are as follows: Contract. Tier. Min. amount . Max. amount . Maintenance margin ratio. Min. initial margin ratio. Max. leverage. WEMIXUSDT Perpetual. 1. 1,200. 1. 1.0%. 1.3%. 75. 2. 3,000. 3. 1.5%. 2.0%. 50. 3. 12,000. 6,000. 2.0%. 5.0%. 20. 4. 24,000. 12,000. 2.5%. 5.5%. 18.18. 5. Increase by 12,000 conts from the previous tier. Increase by 6,000 conts from the previous tier. Increase by 0.5% from the previous tier. Increase by 0.5% from the previous tier. Max. leverage of the tier. . 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. Nov. 24, 2022 . Download OKX App for iOS, Android, macOS, and Windows >>>. Click here for Twitter >>>. Click here for Telegram >>>. Click here for Discord >>>. Click here for Youtube >>>. More >>>.