Dear valued customers,

As the TRX BTT airdrop will soon complete, OKX will adjust TRX Perpetual Swap funding rate, price limit rule, margin interest rate, and risk calculation rules in the near future. The details are as follows:

A.TRX Perpetual Swap

- Funding Rate

- Price Limit Rules

Current:

First 10 minutes of all newly listed contracts:

Upper Limit = Spot Index Price x (1 + 0.5%)

Lower Limit = Spot Index price x (1 - 0.5%)

After 10 minutes:

Upper Limit = Average Basis within last 10 minutes + Spot Index Price x (1 + 2%)

Lower Limit = Average Basis within last 10 minutes + Spot Index Price x (1 - 2%)

Basis = Contract Price - Spot Price

If the price limit deviates from the Spot Index Price by 10% or is below 0:

Upper Limit = Spot Index Price x (1 + 10%)

Lower Limit = Spot Index Price x (1 - 10%)

Open long or close short position:

An order would be blocked if the order price sent is higher than the price limit.

Open short or close long position:

An order would be blocked if the order price sent is lower than the price limit.

After 03:00 Feb 13, 2019 (CET, UTC +1):

First 10 minutes of all newly listed contracts:

Upper Limit = Spot Index Price x (1 + 0.5%)

Lower Limit = Spot Index price x (1 - 0.5%)

After 10 minutes:

Upper Limit = Average Basis within last 10 minutes + Spot Index Price x (1 + 2%)

Lower Limit = Average Basis within last 10 minutes + Spot Index Price x (1 - 2%)

Basis = Contract Price - Spot Price

If the price limit deviates from the Spot Index Price by 3% or is below 0:

Upper Limit = Spot Index Price x (1 + 3%)

Lower Limit = Spot Index Price x (1 - 3%)

Open long or close short position:

An order would be blocked if the order price sent is higher than the price limit.

Open short or close long position:

An order would be blocked if the order price sent is lower than the price limit.

B.TRX/USDT, TRX/BTC Margin Trading

- The margin interest rates of TRX/USDT and TRX/BTC will be adjusted at 15:00 Feb 12, 2019 (CET, UTC +1) as follows:

- The liquidation margin ratio of TRX/USDT and TRX/BTC will also be adjusted to 110% at the same time.

Thank you for your continued support and we assure you of our best services at all times.

Regards,

OKX

Feb 12, 2019