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Satoshi test FAQ
What should I do if the Satoshi test is successful? If the Satoshi test is successful, you can proceed with your withdrawal as normal. The successful test verifies that you have control over the withdrawal address.10. Will I need to perform the Satoshi test every time I make a withdrawal? Once your address is verified via the Satoshi test, it remains verified for a period of six months.Published on May 28, 2024Updated on May 29, 202643What's Satoshi test and how do I complete it?
There are several criteria to pass the Satoshi test on our platform. They're as below: The Satoshi test deposit must originate from the correct address intended for verification. The Satoshi test deposit is made to an OKX-provided verification address. The Satoshi test deposit amount must match the amount specified by us for the test. The Satoshi test deposit must be completed within the specified timeframe.Published on May 28, 2024Updated on May 29, 202667How do I safeguard my Web3 wallet from fraudsters?
Use legitimate services only: avoid clicking on falsely advertised links for gift cards, fuel cards, recharge cards, etc., especially those offering redirection services. For legitimate recharge services, please use the recipient's provided address to prevent financial losses.What should I do if my wallet is compromised?Published on Dec 13, 2023Updated on May 29, 20261,037What's demo trading and how do I use it?
Risk-free trading: one of the biggest advantages of demo trading is that it allows traders to test their strategies and make mistakes without risking any real money. This makes it an ideal environment for beginner traders to learn the ropes and gain experience before trading with real funds. Testing trading strategies: demo trading provides traders with a platform to test and refine their trading strategies without the risk of losing money.Published on Dec 12, 2023Updated on May 29, 20261,011OKX API FAQ
50004 is usually caused by excessive server pressure. 8, 16, and 24 am are the time points for collecting capital fees every day. At this time, the server pressure is high. It's recommended to stagger transactions at these times. If an error of 50004 is reported at other times, it can be retried later. If an order is placed with an error of 50004, it doesn't represent the actual result of the interface request. The request may succeed or fail.Published on Sep 20, 2024Updated on Jun 5, 2026139Understanding OKX's Security Fund
The Security Fund is critical because it: Prevents Auto-Deleveraging (ADL): By covering the shortfall, the Security Fund reduces the pressure on the system having to engage the Auto-Deleveraging (ADL) mechanism. ADL is a last-resort process used by exchanges that forcibly closes profitable traders' positions to cover the losses of bankrupt accounts, which can disrupt the market and penalize non-liquidated users.Published on Mar 25, 2026Updated on May 29, 20264What can help prevent P2P crypto scams and protect my assets?
In most instances, scammers will use strong language to pressure you into giving up your crypto assets. These scammers can also easily manipulate data, including receipts, photos, or screenshots. How to prevent fake receipt scams: Always double-check your payment account to confirm you received the appropriate amount before releasing any crypto assets. Don't be pressured to release your crypto holdings immediately.Published on Sep 2, 2023Updated on May 29, 20261,466Common scam tactics
These tactics are deliberately designed to create a false sense of urgency and legitimacy, ultimately pressuring users into making financial commitments that result in loss. Example for scammers pretending to be customer service agents from well-known platforms5. Crypto gift scams One of the latest tactics involves scammers using "gifts" or "bonus events" to deceive users into transferring funds.Published on Sep 28, 2023Updated on May 29, 20262,724How do I level up my trades with Mizar?
Paper Trading: Mizar users can test their bots and strategies with Paper Trading. This advanced system simulates trading conditions, and lets traders test their ideas without committing capital.What's the pricing for Mizar like? Mizar is 100% subscription free, and all tools are available for everyone. That means users pay fees based on their trading volume. Additionally, users share part of their profits when copy-trading other users.Published on Mar 28, 2024Updated on May 29, 20265How do I automate my trades?
Develop and test your strategy: write your trading logic, backtest it with historical data, and test in a simulated environment. Deploy and monitor: once satisfied with the performance, deploy the bot and monitor its activity regularly. Explore our API documentation here to bolster your trading performance.How do I use copy trading? Find a trader to follow: browse the list of available traders and review their performance and strategies.Published on Oct 1, 2024Updated on May 29, 202612What's Smart Strategies?
We show the settings with the best APR for this period, among many other combinations tested.4. Does backtested APR guarantee future performance? Past performance doesn't necessarily provide guidance for future performance. Market conditions are constantly changing, so there’s no guarantee that the backtested APR can be achieved in the future.5. How do spot grid bot smart strategies work? Short-term, mid-term, and long-term smart strategies were backtested over 7, 30, and 90 days respectively.Published on Mar 7, 2025Updated on May 29, 20261How do I supercharge my trading with Alertatron's automated solutions?
There are three main steps: Creating a set of OKX API keys: Visit here to learn more Adding the API keys to Altertatron: Visit here Amazing, you can now send your first test order!Published on Mar 28, 2024Updated on May 29, 20261How do I automate grid trading strategies on spot grid crypto trading bot?
Spot grid mode enables you to set a manual price range or use a back-tested AI strategy according to which the trading bot will execute automated buys and sells. The bot is designed to buy at lower prices and sell at higher prices, aiming to generate potential profits without the need for active management. The grid trading bot can be particularly handy for high-volatility assets in bullish markets.What are trading bots?Published on Feb 29, 2024Updated on May 29, 20261,783What is Agent Trade Kit?
You are solely responsible for independently verifying all information, configuring and supervising automated strategies, safeguarding API credentials, applying least-privilege permissions (including avoiding withdrawal permissions unless strictly necessary), binding trusted IPs, and testing with small amounts before scaling.Published on Apr 29, 2026Updated on May 29, 20263How do I automate grid trading strategies on futures grid trading bot?
Like spot grid, the easiest way to use the futures grid trading bot is with the back-tested AI strategy. It's as below: Select your trading pair before selecting Copy AI strategy Select the Copy AI strategies option to launch the list of strategies Select the strategy you want to use. Then, select Copy Copy your preferred AI strategy after selecting your trading pair Next, you can customize the parameters such as leverage and margin and add an optional take profit or stop-loss order.Published on Jun 13, 2024Updated on May 29, 202637