How does Block Trading by OKX determine which quote is the "best quote" to show on the first line for my RFQ on the RFQ Board? The best price, bid and ask, will be sorted to the top, independent of the Maker. This means that the best bid may have been provided by a different Maker than the best ask. For quotes on RFQs where the quote currency of all legs are the same, the best bid is simply the highest value, while the best ask is the lowest.

For example, to trade $500 worth of ETH for DAI, the order is routed across four pools: UniswapV2(50%) Kyber (22%) Sushiswap (18%) 0x (10%)Best routing Smart order routing algorithms scan for all possible execution opportunities. For example, if you want to trade sUSD for ETH, a direct sUSD > ETH swap might not be the best option. In this case, it requires an sUSD > USDT/DAI swap and then a USDT/DAI > ETH swap to get the best rates.

You can choose the order type that best suits your trading needs.What's a limit order? A limit order is an order where you set the order quantity and the maximum price you are willing to buy or the minimum price you are willing to sell. When the market price meets your conditions, the system will execute the order at the best available price within your specified limit.

BBO offset, also known as Best-Bid-Offer offset, is a crucial metric which you can see before placing your order, under the price of the spread. This value doesn't take into account quantity and is solely determined by the difference between the best price in Nitro Spread against the implied best price you'll get if you execute the same strategy in the Central Orderbook at this moment.

The best thing to do is to reach out to your counterparty to start discussing a resolution as soon as you can. OKX cannot invalidate any trades done OTC with another user, the only way to solve a trade error is to agree with your counterparty about how to best proceed.

Track profitability and risk exposure: by analyzing entry/exit points, size, and timing, you can evaluate which trades performed best and why. This helps you manage risk and optimize for better future results. Simplify record keeping and tax reporting: keeping an accurate log of past trades helps during tax season or when preparing reports. Export functions on the web make this even easier.

It helps you discover the best strategy from three different styles and lets you apply it to any of the top three major tokens in one click. Whether you're a beginner or an experienced trader, Smart Picks organizes these strategies into simple categories to make trading more accessible. We categorize the strategies into Swing Grid Bots, HODL Grid Bots, and Grid Sniper Bots, each showing key details like risk levels and typical runtime.

Can the best bid price be higher than the best ask price during the pre-open period? Yes. During the pre-open period, orders are collected but not executed. As a result, the displayed best bid price may be higher than the best ask price. Orders are matched only after official trading begins and according to normal trading rules.

OKX DEX helps you to find the best route to place an order across different DEXs. By comparing prices across liquidity pools and splitting orders, you can get the best trading prices with minimal slippage, and lower network gas fees in multi-chain and cross-chain scenarios.

We provide you with a variety of options to select the chart type that best aligns with your trading style, ensuring a personalized trading experience. For example, by simply choosing TradingView when you're trading on our platform, you gain access to an extensive array of chart types and advanced tools. This integration significantly boosts your analytical abilities, empowering you to make smarter, well-informed trading decisions.

Best-in-class security: our proprietary security technology helps you avoid loss by detecting unfavorable trading prices, counterfeit tokens, rug pulls, high burn rates. OKX DEX is also integrated with Flash Bot, which keeps your transaction private to prevent unnecessarily high maximal extractable value (MEV).

This will display all the languages that are currently supported, allowing you to select the one that best suits your needs. Similarly, on the web platform, you can change the language by selecting the globe menu located in the main menu of the homepage, where you can browse and select from the available languages. This ensures that you can easily switch to your preferred language within the regions supported by us.

Its prices will be based on the best price currently available on the order book, with a spread. It'll only quote your RFQ once and leave this price live for 60 seconds before allowing it to expire. To get a new price from the trading bot, please cancel and re-price your demo RFQ.

This is best for everyday payments and spending. Pay any contacts using USDG, USDC, and USDT on X Layer Use your OKX card for spending Add funds Buy using PIX Transfer all tokens from X Layer to Porfolio Token conversation Receive funds from an external wallet Send funds out to a wallet addressWhy am I seeing both? Simple Pay reduces complexity and makes it easier to use Pay for everyday transactions. We’ll continue expanding features over time.

Best used in highly liquid trading pairs for smoother execution. Learn more about other trading-related topics here.