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.

The first buy order will be placed at the best ask price, the second order at a price between the best bid and the best ask, the third order at the best bid, and so on. Price-speed balance: To aim for a balanced execution between time and price, it’ll adopt a moderate approach when placing the first order. The first buy order will be placed at a price between the best bid and the best ask, the second order at the best bid, the third order at the second best bid, and so on.

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.

What are the API Best Practices? For those connected via API, visit here to learn more about API best practices.Is Market Maker Protection (MMP) available for options trading? We offer Market Maker Protection for options market makers to protect makers from executing too much within a short period of time. Please contact your account manager or institutional@okx.com if you want to have it enabled. Please refer to Market Maker Protection API.

Multiple professional solvers — including OKX's in-house Solver and third-party solvers — receive your intent and compete in a batch auction to offer you the best execution price. Best price wins. The Solver with the best price wins the auction and executes your trade on-chain through a secure settlement contract. Trade settled. The winning Solver submits the transaction to the blockchain, and you receive your swapped tokens.

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.

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.

With such tokens, OKX DEX has launched automated slippage to help users improve the success rate of transactions with optimal slippage.How does OKX DEX find the best swap route for my trade? OKX DEX integrates the liquidity pools of AMM and PMM protocols on each chain. It composes every possible swap route from these pools, simulates the swap outcome of each route, and selects the route with the best outcome as the optimal route.Can a single order be split across multiple pools?

Market orders fill instantly at the best available bid/ask. Limit orders fill only at the price you set (or better). Fees are shown separately and follow a maker/taker schedule. Spot on the webHow do Simple Buy/Sell and Spot Trading compare? Option Description Simple Buy / Sell Convenience, a fixed quote and all-in price for quick execution, with simplified interface Spot Trading Advanced order types, real-time pricing, and greater control over trade executionWhat is a spread?

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