Exchanges· ★★· neutral·

OKX US to sell USD trading bot positions if users miss Sept 30 deadline

  • —Old USD order books will be retired between 3 and 4 a.m. ET on Sept. 30
  • —Grid and Smart Portfolio positions on affected pairs will be sold automatically
  • —DCA, Recurring Buy and TWAP/Iceberg positions will be held, though those bots will close
  • —USDC pairs have been live since Sept. 23; USDT-USD is exempt from the migration
Why it matters: Traders running bots on USD pairs must move them to USDC pairs before Sept. 30 or face forced closures and sales.
Source: CryptoSlate