Last updated: 2 July 2025
Welcome to OKX.com. By accessing or using our platform, you agree to be bound by these terms. These services are exclusively available to Australian users.
1. About These Terms and Our Services
The OKX Platform (accessible via OKX.com, APIs, or mobile apps) facilitates services provided by designated Service Providers:
| Part | Services | Service Provider |
|---|---|---|
| Part A | General Terms | OKX Australia Pty Ltd |
| Part B | Digital Currency Exchange | OKX Australia Pty Ltd |
| Part C | Derivatives | OKX Australia Financial Pty Ltd |
| Part D | On-Chain Earn | OKX Australia Pty Ltd |
Key Notes:
- Derivatives Services (Part C) are for wholesale clients only and regulated by ASIC.
- Other services are not regulated under Australian financial services laws.
2. Contract Between You and OKX
By using our Services, you enter into a binding agreement with us. If you disagree with these terms, refrain from accessing the Services.
3. Key Obligations and Policies
3.1 Account Management
- Registration: Provide accurate, current information during sign-up.
- Security: Safeguard passwords and report unauthorized access immediately.
- Closure: You may close your account, subject to completing pending transactions.
3.2 Asset Handling
- Assets are held as we deem appropriate and are not protected by deposit insurance.
- Withdrawals may be withheld if disputes or liabilities exist.
3.3 Prohibited Activities
Activities involving unlicensed financial services, adult content, gambling, or illegal goods are strictly banned. Violations may result in account suspension and asset freezing.
4. Trading on OKX Platform
4.1 Order Execution
- Orders are subject to price-time priority.
- We may reject orders due to insufficient funds or market conditions.
4.2 Counterparties
- Spot Services match users with other users or OKX.
- Derivatives are executed directly with OKX Australia Financial as principal.
5. Risk Disclosure
5.1 General Risks
- Digital assets are highly volatile and may lose value rapidly.
- Services may be unavailable due to maintenance or external events.
5.2 Derivatives-Specific Risks
- Margin Trading: Leverage amplifies profits and losses.
- Liquidation: Positions may be liquidated if margin requirements aren’t met.
👉 Learn more about trading risks
6. Fees and Charges
- Fees apply for trades and services, detailed in your account dashboard.
- We may deduct owed amounts directly from your assets.
7. Limitation of Liability
To the extent permitted by law:
- OKX isn’t liable for losses due to market volatility or third-party actions.
- Consumer rights under Australian law remain unaffected.
8. FAQs
Q: Who can use Derivatives Services?
A: Only wholesale clients meeting ASIC criteria.
Q: Are my assets insured?
A: No. Digital assets aren’t protected by deposit insurance schemes.
Q: How do I withdraw funds?
A: Via linked bank accounts or designated digital asset addresses.
9. Governing Law
These terms are governed by NSW, Australia law. Disputes are resolved via arbitration in Hong Kong.
Keywords: OKX Australia, cryptocurrency trading, derivatives, wholesale clients, digital assets, risk disclosure, ASIC regulation, margin trading, account security.
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