What is "Cost Basis"? Cost basis is the total amount you paid to acquire a digital asset, including transaction fees, in US dollars. OKX uses the fair market value at the time of the transaction to determine this.Cost basis is used to calculate your capital gains or losses.Which methods for identifying digital assets sold does OKX support? OKX offers three methods to determine which assets are sold first: FIFO (First In, First Out): The oldest assets you buy are sold first.

Always back up your Web3 wallet's private keys and seed phrases before uninstalling or updating the app to keep your assets safe.

Review of Fraudulent Tactics: Tactic 1: Fraudsters share private keys or seed phrases of wallets with assets, claiming they don't have enough TRX for transaction fees and need assistance. Users send TRX as transactions fees into the wallet but discover they can't transfer the wallet assets. Tactic 2: Fraudsters obtain users' private keys or seed phrases and change the signing mechanism without consent.

This includes your seed phrase or private key. If these are lost, your wallet assets cannot be recovered. To back up your wallet, go to Menu on the app > Backups > Select the wallet you wish to backup > Cloud backup/Seed phrase Switch your network environment (for example, use 4G/5G instead of Wi-Fi). If the above steps do not resolve the issue, please use the email linked to your account to send photos of the front and back of your ID to our customer support and we will assist you.

Import your third-party wallet into OKX Web3 wallet via seed phrase or private key. Learn more on how to import the wallet on OKX Go to Wallet and select I already have one 2. Open your OKX exchange account, and select Assets > Deposit 3. Find the crypto and network that you've wrongly transferred, and Copy the deposit address. For example, if you previously mistakenly selected ETH network for USDC, in this case, you should select USDC-ERC20 4.

Before making changes, we recommend backing up the private key or seed phrase of your target Externally Owned Account (EOA).

Skip the hassle of managing private keys or seed phrases You don’t have to back up or remember complex private keys or seed phrases. All operations are handled through passkeys and a smart contract wallet, making it much easier to use. Gas fees handled by smart contracts During DEX trading, gas fees are charged through smart contracts. However, we'll cover gas fees for you.

Limit one reward per eligible participant. Sub-accounts will not be eligible to participate or receive any rewards.Reward description: Each eligible attendee who completes the access code validation process and passes OKX’s advanced identity verification will receive a one-time crypto reward. Limit one reward per eligible participant. Sub-accounts are not eligible.

Never send funds or share sensitive information If an email asks you to transfer funds, provide your password, private key, or seed phrase — it's a scam. Report and delete suspicious emails Mark the email as spam or phishing, then delete it to prevent accidental clicks.

Limit one (1) gift per recipient. Sub-accounts will not be eligible to participate or receive any rewards. Any and all applicable taxes and all fees and additional expenses, including connection, installation, and/or service costs, related to acceptance and use of Gift are the sole responsibility of the individual Gift recipient. Rewards will be distributed within 14 days after the promotion period activity ends.

Limit one (1) gift per recipient. Sub-accounts will not be eligible to participate or receive any rewards. Any and all applicable taxes and all fees and additional expenses, including connection, installation, and/or service costs, related to acceptance and use of Gift are the sole responsibility of the individual Gift recipient. Rewards will be distributed within 14 days after the promotion period activity ends.

More grids: Smaller gaps lead to frequent trades but smaller profits per trade Costs rise: every trade pays a fee, and profits per trade are tiny. Fewer grids: Larger gaps lead to fewer trades but bigger profits per fill. This can lead to fewer trading opportunities but also keeps the costs low Investment Amount: How much capital you allocate to the bot. Higher allocation: Lets you fund all grids and increase order size → higher potential dollar profits.

Processing fees are charges applied to cover the cost of handling a financial transaction. We aim to keep processing fees low. If a fee applies, we'll clearly display the fee amount. Otherwise, you'll see No fee stated. When selecting a withdrawal method, you'll always see the processing fees. The fee as displayed on the withdrawal page for app The fee as displayed on the withdrawal page for web Actual fees being charged will be displayed on the Preview screen before you submit.

Limit one reward per eligible participant. Sub-accounts will not be eligible to participate or receive any rewards.Reward description: The maximum reward per user is 300 USDG. The campaign offers up to a 10% USDG deposit match based on fixed tiered new OKX deposit thresholds as outlined below.

What are the average cost price and cumulative cost price? The cumulative cost price includes both unrealized PnL and realized PnL when calculating returns. If you want to view the average purchase price of your recent spot trades, you can switch to the average cost price.You can go to the Trading page > tap the three dots in the top-right corner > Settings > Spot cost price type > switch between Average cost price and Cumulative cost price.