These factors can affect the overall asset calculation and may result in variations between the two.What is Proof of Reserves(PoR)? Proof of Reserves ensures that the custodian holds sufficient on-chain reserves to fully cover all assets recorded on the exchange’s books, while also maintaining redemption capability.

Why does zero-fees matter?Empowering creators and collectors We understand that the heart of the NFT space lies in its community of artists, creators, and collectors. By eliminating listing fees, we aim to empower every individual who wishes to participate in this ecosystem. This includes emerging artists looking to showcase their work and seasoned collectors searching for unique pieces to add to their portfolios.

Higher fees typically result in a higher processing priority by miners.Deposit verification method Number of confirmations: different tokens require a different number of confirmations for deposits to complete. For example, USDT deposits on the TRON network require 19 confirmations, while those on the Ethereum network require 32 confirmations (please refer to the website for the latest information).

and select Submit your Drop Select Submit your Drop to submit your Drop application Fill in all the required information and select Submit to complete your application Due to the high volume of submissions, we regret that we're unable to respond to every submission. If your project meets our criteria, a team member will reach out directly. We appreciate your interest in OKX Drops!OKX Market Forced Royalty Contract 1. What is OKX Market Forced Royalty Contract?

OKX verifies your identity to keep both your account and the exchange safe. Here's what you can expect for identity verification: Once you have uploaded your documents, your processing takes about 30 seconds. If further review is needed, it can take up to 24 hours. Note: Valid and accurate documents will ensure the smoothness of your document review process. Find out what documents you need here....

User permissions for the TRON wallet address are assigned to specific wallet addresses. You'll need permission from the wallet address to make transactions. We aren't able to change permission settings. Below are how you can work around it: You may check if you have permission for the TRON wallet address by searching for the wallet address here. You need to crosscheck if your account has owner or...

How does market making work? Market making in DeFi involves providing liquidity to decentralized exchanges (DEXs), such as adding assets like ETH or SOL to pools. In return, you earn a share of the trading fees, contributing directly to the efficiency of the crypto ecosystem. By ensuring there are sufficient assets for trading, market makers help stabilize price fluctuations. Additionally, impermanent loss is a key concept to consider.

What's a Trust? A trust is a legal arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries. Trusts can be arranged in many ways and can specify exactly how and when the assets pass to the beneficiaries.Who are the key persons for a Trust? Grantor: The person who creates the trust, funds it with their assets, and decides how the trust will...

If the ID card does not have a back side, uploading the front side or the photo page is sufficient. What'll a Trust need to consider for the onboarding process? Identify all key parties Identify all parties involved in the trust, including the trustee, beneficiaries, grantors, and any authorized users. Provide trust documentation Provide documentation that outlines the key persons (for example, trustee, beneficiaries) of the trust.

Based on regulatory investigation requirements, OKX needs your company’s key personnel and the authorized users of the institutional account (if different from the key personnel) to provide identity verification information during the institutional verification process.If your company is registered as a government-owned enterprise, you are required to provide information for the following personnel: Corporate officers: Persons with significant responsibility to control, manage, or direct the fund

Low margin requirements: benefit from lower margin requirements thanks to OKX's Portfolio Margin model, which offsets the risk of positions that have the same underlying and opposite directions. Volatility minimization: avoid the volatility risk of only entering one leg of the trade – both legs of spread trades execute simultaneously, or else neither does.

In the dynamic landscape of cryptocurrency trading platforms, OKX stands as a trailblazer, continuously pushing the boundaries of innovation to provide users with an unparalleled trading experience that surpasses industry standards. Let's delve deeper into the multifaceted features that distinguish OKX from its counterparts across various crucial functions.Order execution mastery OKX's commitment...

What's a family office? Family offices are entities set up to facilitate trading, investing, or other financial transactions using the personal wealth of the companies’ ultimate beneficial owners.Who are the key persons for a family office? Corporate officers: Persons with significant responsibility to control, manage, or direct the family office including executive officers or senior managers...

To verify as a privately owned operating company, please follow the steps below and submit the required documents and information. Who are the key people for a privately owned company? As part of our due diligence checks for regulatory purposes, OKX will require key roles of your company and the authorized user (if different from the key roles) of your institutional account to provide identity verification information during the institutional verification process.

What's a publicly traded company? Publicly traded companies are entities with distributed ownership among public shareholders through publicly traded stock shares.Who are the key persons for a publicly traded company? Corporate officers: Persons with significant responsibility to control, manage, or direct the publicly traded company including executive officers or senior managers (for example,...