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🩸BEARISH

OKX US to Sell Grid and Portfolio Bot Positions Sept. 30

The migration affects selected USD pairs, not all dollar markets or account balances, but missed action can trigger sales with fees, slippage or realized gains and losses.

OKX US will retire selected USD trading pairs between 3 and 4 a.m. ET on Sept. 30, canceling remaining orders and closing bots that use those books. Positions in Grid and Smart Portfolio bots will be sold; DCA, Recurring Buy and TWAP/Iceberg bot positions will be held, although those bots will also close.

Users can move affected orders and bots to corresponding USDC pairs before the migration. Those replacement pairs have been available since Sept. 23, and orders and bots created there during the parallel window will continue running after the old books close. The affected USD pairs are scheduled to be delisted at 8 a.m. UTC.

Why it matters

The consequences depend on the bot strategy. For Grid and Smart Portfolio users, missing the deadline means OKX will sell the positions the bots manage, rather than simply stopping automation. An automatic sale can incur trading fees or slippage and realize a gain or loss, depending on holdings and execution.

The change applies to selected USD pairs, not every dollar market. USDT-USD is exempt, and OKX says account balances, deposits and withdrawals will not be affected. Users can still place orders with USD on the consolidated book, where funds will automatically convert to USDC for access to the new liquidity.

Market impact

The deadline makes migration an operational issue for traders using the affected pairs: orders and bots will not transfer automatically. Moving them to the corresponding USDC pairs during the parallel period lets users control when the old orders or bots stop and how Grid or Smart Portfolio positions are handled before closure.

Traders should check whether their pair and bot are affected, then cancel or recreate them on the replacement pair before the scheduled window. The notice does not call for a broad sale of customer funds or a change to account balances.

Related tokens
$USDC

Frequently asked questions

  1. When will OKX US retire the affected USD trading pairs?

    OKX US says the old books will be retired between 3 and 4 a.m. ET on Sept. 30, with the affected pairs scheduled for delisting at 8 a.m. UTC.

  2. Which bot positions will OKX US sell during the migration?

    Positions in Grid and Smart Portfolio bots on affected USD pairs will be sold if left behind when the books close.

  3. What happens to DCA and Recurring Buy bot positions?

    Positions managed by DCA, Recurring Buy and TWAP/Iceberg bots will be held after migration, although those bots will still close.

  4. How can traders keep affected orders and bots running?

    Users can recreate them on the corresponding USDC pairs, which have been available since Sept. 23. Orders and bots created there during the parallel window will continue afterward.

  5. Does the change affect all USD markets or customer balances?

    No. The migration concerns selected USD pairs, and USDT-USD is exempt. OKX says account balances, deposits and withdrawals are unaffected.

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