OKEx Adjusts SHIB/USDT Trading Pair Minimum Quantity Precision

Announcement Summary

OKEx will modify the minimum trading quantity precision for the SHIB/USDT spot trading pair, standardizing the minimum tradable amount to 1 SHIB (whole number). Both Unified Account and Classic Account modes will be updated simultaneously. Below are key operational timelines:

Key Dates & Procedures

May 18, 16:55 (HKT)
- SHIB/USDT trading pauses.
16:55–17:00 (HKT)
- Pending orders processing:
  - Limit orders with quantity decimals >0: Canceled.
  - Whole-number quantities (e.g., 1,000,000 SHIB): Retained.
- All unexecuted stop-loss/take-profit, algorithmic orders (e.g., iceberg, TWAP) will be canceled.
17:00–17:10 (HKT)
- System updates:
  - Classic Account: Spot trading suspended.
  - Unified Account: All services paused.
Post-Upgrade (After 17:10 HKT)
- Full trading resumes.

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Detailed Rules & Examples

Order Adjustments

Retained Orders:

- Example: Limit order for 1,000,000 SHIB at 0.00002789 USDT remains active.

Canceled Orders:

- Example: Order for 1,000,000.589 SHIB at 0.00002789 USDT gets canceled.

Impacted Order Types

Order Type	Classic Account	Unified Account
Stop-Loss/Take-Profit	Canceled	Canceled
Iceberg/TWAP	Canceled	N/A

Risk Management Tips

Withdraw or adjust pending orders before 16:55 HKT.
Avoid margin calls by preemptively topping up funds.

FAQs

Q: Why is OKEx changing the SHIB/USDT precision?
A: To enhance liquidity and streamline trading efficiency for users.

Q: Can I place new orders during the upgrade?
A: No. All trading actions are blocked from 16:55–17:10 HKT.

Q: How does this affect futures or margin trading?
A: Only spot trading is impacted. Derivatives function normally post-upgrade.

Q: Where can I track updates?
A: Monitor OKEx’s official announcements for real-time status.

👉 Explore OKEx’s advanced trading features

OKEx remains committed to delivering superior trading solutions. We apologize for any inconvenience and appreciate your understanding.
OKEx Team | May 14, 2021 (HKT)


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