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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 Oct 1, 2025Updated on May 29, 20263OKX 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, 20265Belgium risk warning
Warning The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; Virtual currencies are not covered by the guarantee funds that cover bank deposits; There is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; Virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; If one loses the identificationPublished on May 14, 2024Updated on May 29, 2026415How 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, 202612Travel Rule FAQ (EEA region)
You can verify your private wallet address with: Satoshi test: a verification process on our platform that involves sending a random amount of crypto to a designated address within a 180-minute window to confirm ownership. Learn more about the Satoshi test here.6. What if I receive a crypto deposit from another exchange and encounter a Travel Rule verification failure due to a name mismatch?Published on Dec 17, 2024Updated on May 14, 2026629How 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 are OKX's crypto trading bots and how do I utilize them?
How the Spot grid trading bot looks on the app You can either set the grid parameters manually for full control or use the AI strategy, which relies on past price movements and back-tested data to increase the chances of profit. Now, you can set up to 500 grids—an upgrade from the previous 300—thanks to a dynamic order-hanging mechanism, helpful front-end prompts, and grayed-out logic orders with tooltips, all while keeping the UI clean and efficient.Published on Sep 4, 2025Updated on May 29, 20261