OKX will adjust the upper limit of a single limit order to 20 million US dollars on November 9 at 4 pm.
According to an official announcement from BlockBeats on October 31st, in order to improve trading system performance and protect the market, OKX will add a single limit order USD value limit on November 9th, 2023 at 4:00 pm (UTC+8). Limit orders greater than this limit will fail. The single limit order limit for all trading product types (spot, margin, futures, perpetual swaps, and options) will be uniformly adjusted to 20,000,000 USD.
OKX has advised that if there are orders that exceed the limit, they should be adjusted promptly to avoid order failure. API users who exceed the limit will receive error code "51185". Users on the front-end will see an error message stating "Single limit order value cannot exceed 20,000,000 USD". RFQ and Nitro Spreads are not subject to the newly added limit.