Announcement on Suspending Classic Accounts Trading Service on January 20
Published on Jan 13, 2022Updated on Apr 4, 20242 min read
Dear users,
Unified accounts have withstood many extreme market events and have provided exceptional stability. Over 99.5% of our users have voluntarily shifted to unified accounts. We will cancel all existing spot trading orders from January 14th ( including limit and algo orders ) and will suspend new spot trading orders in classic accounts for the sake of an all-around migration towards unified accounts.
OKX plans to completely suspend classic accounts service on 9am January 20, 2022 (UTC). Users will be banned from trading in classic accounts (unified accounts will not be affected). For users who still hold positions or loans, please make sure to clear your positions in classic accounts prior to January 20 (futures, perpetual, options users), and return crypto (leverage users) in order to ensure the safety of your positions and funds. OKX will cancel all open orders for futures and perpetual in Classic accounts, as well as all orders for spot and margin trading. Users won’t be able to operate classic accounts after January 20 and your positions will be finally liquidated.
Prior to officially suspending classic accounts trading service, we encourage users to migrate to unified accounts and close classic accounts through "one-click migration".
If you have any suggestions for unified accounts, please feel free to contact our customer service or reach out to OKX community. Your suggestions are highly valued as we strive to improve your experience with unified accounts.
OKX
Jan 14, 2022(UTC)