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Flash News: OKX Announces Periodic Transfer of Untradable Crypto Dust to Funding Accounts to Improve User Experience and System Performance

September 6, 2023 By GlobeNewswire

SINGAPORE, Sept. 06, 2023 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company , has issued updates for the day of September 6, 2023.

OKX Announces Periodic Transfer of Untradable Crypto Dust to Funding Accounts to Improve User Experience and System Performance

OKX has announced that it will periodically transfer untradable crypto dust from users' trading accounts to their funding accounts in order to improve system performance.

This transfer will occur on the 14th day of every month at 3:00 pm (UTC), starting on September 14, 2023. The transfer scope includes crypto that hasn't been used within a week, with a quantity less than 0.0001 and a value less than US$0.01. OKX assures users that the total amount of assets in their accounts won't be affected by these transfers.

After the transfer, users can check the relevant assets and transfer history in their 'Funding' account. Users can also use the 'Easy convert' feature to convert assets in their trading account to other types of cryptocurrency. More details about the transfer can be found here and here.

For more information, please visit theĀ Support Center.

For further information, please contact:

Media@okx.com

About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

The OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless.


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