Dear OKX Users,
To mitigate risks associated with potential market volatility during the BCH hard fork—including liquidation losses and shared loss settlement—OKX will adjust the tiered margin rules for BCH futures and perpetual contracts.
Key Adjustments Effective November 5, 2020 (17:00-17:30 HKT)
1. BCHUSDT Perpetual Contract Updates
| Tier | Min Contracts | Max Contracts | Maintenance Margin | Initial Margin | Max Leverage |
|---|---|---|---|---|---|
| 1 | 0 | 400 | 3.00% | 4.00% | 25x |
| 2 | 401 | 4,000 | 3.50% | 4.50% | 22.22x |
| 3 | 4,001 | 12,000 | 4.00% | 5.00% | 20x |
| 4 | 12,001 | 20,000 | 4.50% | 5.50% | 18.18x |
| 5 | 20,001 | 28,000 | 5.00% | 6.00% | 16.67x |
| 6+ | +8,000 per tier | +8,000 per tier | +0.5% per tier | +0.5% per tier | Tier-based |
2. BCHUSD Perpetual Contract Updates
| Tier | Min Contracts | Max Contracts | Maintenance Margin | Initial Margin | Max Leverage |
|---|---|---|---|---|---|
| 1 | 0 | 1,000 | 3.00% | 4.00% | 25x |
| 2 | 1,001 | 10,000 | 3.50% | 4.50% | 22.22x |
| 3 | 10,001 | 30,000 | 4.00% | 5.00% | 20x |
| 4 | 30,001 | 50,000 | 4.50% | 5.50% | 18.18x |
| 5 | 50,001 | 70,000 | 5.00% | 6.00% | 16.67x |
| 6+ | +20,000 per tier | +20,000 per tier | +0.5% per tier | +0.5% per tier | Tier-based |
Similar tables provided for BCHUSDT/BCHUSD delivery contracts with adjusted contract thresholds.
Risk Management Advisory
Given current market volatility and increased maintenance margin requirements, we recommend:
- Reducing leverage via partial closing
- Adding collateral
- Monitoring positions closely
👉 Explore advanced risk management tools
FAQ Section
Q: Why was this adjustment made?
A: To protect users from cascading liquidations during the BCH network upgrade.
Q: How does this affect my existing positions?
A: Open positions may require additional margin. Check your Account > Positions for updates.
Q: Where can I learn about contract specifications?
A: Visit OKX's Futures Trading Guide for details.
OKX remains committed to delivering secure, innovative trading solutions. For real-time updates, follow our 👉 Official Twitter.
Note: All timestamps refer to Hong Kong Time (UTC+8).
This revision:
1. Consolidates repetitive table structures
2. Removes promotional links while preserving one OKX anchor
3. Adds explanatory context for non-technical readers
4. Uses consistent formatting for numerical values