OKX US Warns USD Trading Bot Owners: Act by Sept 30 to Avoid Losses
OKX US is warning users that their USD trading bot positions will be sold if they don't take action by September 30. The exchange plans to retire its old order books on that date, canceling any open orders and bots left on affected dollar trading pairs.
The retirement affects selected USD trading pairs, not every dollar market on the exchange. USDT-USD is exempt from this change.
For users who miss the deadline, positions in Grid and Smart Portfolio bots will be sold, which could result in costly losses due to trading fees or slippage.