Understanding OKX Block Trading Services

The Block Trading Services ("Service" or "Services") are advanced trading solutions provided and operated by Aux Cayes FinTech Co. Ltd, globally recognized as OKX. These services cater primarily to institutional investors, hedge funds, and high-net-worth individuals who require discretion and efficiency when executing large-volume digital asset transactions.

These Block Trading Service Terms ("Terms") govern your use of the Service and form a legally binding agreement between you ("User" or "you") and OKX. By accessing or using the Block Trading Services, you confirm that you have read, understood, and agreed to these Terms in full — including any future amendments. If you do not accept these Terms, you must immediately cease using the platform.

These Terms incorporate OKX's Terms of Service, Risk & Compliance Disclosure, and any other policies, rules, announcements, or user agreements published on the OKX website from time to time (collectively referred to as "User Agreements"). Your continued use of the Service constitutes acceptance of all such documents as they may be updated.

👉 Discover how professional traders leverage block trading for optimal execution.

Eligibility Requirements for Using Block Trading

To qualify for the Block Trading Services, you must meet specific eligibility criteria designed to ensure compliance, security, and responsible usage.

You confirm and acknowledge that:

• You have already accepted the OKX Terms of Service and are not restricted from using the services under those terms.
• If registering as an individual, you are at least 18 years old, possess full legal capacity, and have the authority to enter into this agreement.

• If registering on behalf of a legal entity, you warrant that:

  • The entity is validly incorporated and compliant with applicable laws.
  • You are duly authorized to bind the entity to these Terms.
• You possess sufficient experience, knowledge, and risk tolerance to engage in non-guaranteed digital asset investments.
• You will independently assess your financial condition before making any trading decisions and accept full responsibility for all resulting losses.
• You have the technical ability to operate online platforms effectively.
• This agreement does not violate the laws of your jurisdiction, and you agree to comply with all local regulations.
• You are the rightful owner of the digital assets in your OKX account, and their source is lawful.

Additionally, you agree not to use the Service for any illegal purposes, including but not limited to money laundering, fraud, terrorist financing, data breaches, or market manipulation. OKX strictly prohibits any activity that undermines market integrity or violates applicable laws.

Key Definitions

Understanding key terminology is essential for navigating the Block Trading ecosystem:

• Request for Quote (RFQ): An electronic message sent to market makers indicating a user’s intent to trade a specific instrument or strategy. Market makers respond with bid and ask prices based on the request.
• Minimum Block Size: The smallest trade size eligible for execution as a block trade. This threshold is determined solely by OKX and may vary based on market conditions and asset type.

Overview of Block Trading Services

What Is Block Trading?

A block trade is a large, privately negotiated transaction settled over-the-counter (OTC), allowing traders to execute significant orders without impacting public market prices. This method is widely used by institutional investors seeking to avoid price slippage associated with placing large orders on open exchanges.

Through OKX’s Block Trading Services, users can submit RFQs to qualified market makers and receive tailored pricing for their desired trades. This ensures greater confidentiality, reduced market impact, and improved execution quality.

All block trades are subject to the Minimum Block Size policy set by OKX at its sole discretion. The platform reserves the right to adjust this requirement based on liquidity, volatility, or regulatory considerations.

👉 See how block trading minimizes slippage in volatile markets.

Early Termination of Service

OKX reserves the right to terminate the Block Trading Services at any time without prior notice under the following circumstances:

• Regulatory requirements or changes in applicable laws necessitate discontinuation.
• Force majeure events (e.g., natural disasters, cyberattacks, government actions) prevent normal operations.
• Market conditions or operational risks make continued service provision impractical or unsafe.

In such cases, OKX will act in good faith to notify users where feasible, but no liability shall arise from service interruption or termination under these conditions.

Risk Disclosure and Limitation of Liability

Use at Your Own Risk

Your use of the Block Trading Services is entirely at your own risk. The services are provided on an “as-is” and “as-available” basis. OKX and its affiliates make no warranties — express or implied — regarding merchantability, fitness for a particular purpose, accuracy, reliability, or non-infringement.

Some jurisdictions do not allow the exclusion of implied warranties; therefore, certain limitations may not apply to you.

OKX does not guarantee:

• The accuracy or timeliness of market data.
• The stability or continuity of the trading system.
• The validity or performance of underlying blockchain protocols.

Digital assets are inherently volatile. Their value can fluctuate dramatically in short periods due to market sentiment, regulatory news, technological shifts, or macroeconomic factors. Users must fully understand these risks before engaging in any transaction.

You acknowledge that:

1. You understand all risks associated with digital assets.
2. You accept full responsibility for all losses incurred.
3. OKX bears no liability for financial losses arising from your trading decisions.

You are solely responsible for evaluating your investment strategy based on your risk tolerance, financial goals, and experience level.

Operational and Technical Risks

Software Protocol Risks

Digital assets rely on open-source software protocols that are outside OKX’s control. These protocols may undergo sudden upgrades, forks, or governance changes that affect asset functionality or value. Users must monitor such developments independently.

System Disruptions

OKX may experience:

• Cyberattacks (e.g., hacking attempts targeting API keys or user credentials)
• Technical failures (server outages, data transmission issues)
• Unexpected traffic surges
• Maintenance-related downtimes
• Government-mandated restrictions

In any of these scenarios — including force majeure events like war, pandemics, or natural disasters — OKX shall not be liable for losses resulting from delayed or failed transactions.

You agree that:

• Transaction failures due to unforeseen technical issues are your risk.
• OKX may suspend or cancel orders during abnormal market conditions.
• Losses from third-party errors or regulatory changes are not compensable.

Prohibited Activities and Mandatory Measures

OKX strictly prohibits unfair trading practices. Violations may result in immediate account restrictions or termination.

Prohibited behaviors include:

• Price manipulation or spoofing
• Exploiting system vulnerabilities
• Engaging in activities harmful to other users or market integrity
• Breaching laws or regulations

To protect market fairness, OKX may:

• Freeze accounts
• Cancel trades
• Restrict access

No compensation will be provided for losses incurred due to enforcement actions taken under this clause.

Indemnification

You agree to defend, indemnify, and hold harmless OKX and its affiliates from any claims, damages, or losses arising from:

• Your breach of these Terms
• Illegal use of the Service
• Violation of third-party rights
• Unauthorized access granted to others via your account

This includes reasonable legal fees incurred by OKX in defending against third-party claims related to your actions.

No Financial, Legal, or Tax Advice

Nothing provided by OKX — whether in these Terms or elsewhere — constitutes business, legal, financial, or tax advice. You are encouraged to consult independent professionals before making investment decisions.

OKX is not your broker, agent, advisor, or fiduciary. We do not recommend buying, selling, or holding any digital assets. All decisions are yours alone.

Third-Party Website Disclaimer

Links to third-party websites within OKX services are provided for convenience only. OKX does not endorse, monitor, or assume responsibility for their content, products, privacy policies, or terms of service. Use of external sites is at your own risk.

Governing Law and Dispute Resolution

Governing Law

These Terms are governed by the laws of England and Wales, without regard to conflict-of-law principles.

Jurisdiction and Arbitration

Any dispute arising from these Terms shall first undergo mediation through the Hong Kong International Arbitration Centre (HKIAC) under its Mediation Rules.

If unresolved within 90 days, the dispute will proceed to binding arbitration under HKIAC’s Administered Arbitration Rules. Key provisions:

• Seat of arbitration: Hong Kong

• Number of arbitrators: Three

  • One appointed by each party
  • Third appointed by the HKIAC Chairman
• Language: English
• Awards are final and enforceable globally

OKX is not required to provide broad document discovery but may produce specific relevant documents upon request.

General Provisions

• Amendments: OKX may modify these Terms at any time. Continued use after updates constitutes acceptance.
• Non-transferability: You may not assign your rights under these Terms without OKX’s prior written consent.
• Severability: If any provision is found invalid, the rest remain enforceable.
• Waiver: Failure to enforce a right does not constitute a waiver.
• Language Control: In case of discrepancy between English and translated versions, the English version prevails.
• Interpretation: OKX has sole discretion in interpreting these Terms.

Frequently Asked Questions (FAQ)

Q: Who can use OKX Block Trading Services?

A: Institutional investors, hedge funds, high-net-worth individuals, and experienced traders who meet eligibility requirements and complete necessary KYC verification.

Q: How do I submit a block trade request?

A: Users can initiate a Request for Quote (RFQ) through the OKX institutional interface. Qualified market makers will respond with executable pricing.

Q: Are there minimum trade size requirements?

A: Yes. All block trades must meet the Minimum Block Size set by OKX, which varies by asset and market conditions.

Q: Can OKX cancel my trade after execution?

A: In exceptional cases — such as technical errors, market manipulation suspicion, or force majeure — OKX reserves the right to review and potentially reverse trades to maintain market integrity.

Q: Does OKX offer customer support for block trading?

A: Yes. Institutional clients receive dedicated support via email at [email protected].

Q: What happens if I lose funds due to a system outage?

A: While OKX strives for maximum uptime and security, users accept all risks related to technical disruptions. Compensation is not provided for losses caused by unforeseen outages.

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