If we determine that the documentation you submit is insufficient to demonstrate that you fall under one of the categories of wholesale client in the Corporations Act 2001 (Cth), we'll let you know that your application has been rejected. You should only reapply if your circumstances have changed materially, and you believe that you now qualify as a wholesale client under the Corporations Act 2001 (Cth).

Once your account has been verified, you'll have to demonstrate that you meet the definition of a wholesale client as set out in the Corporations Act 2001 (Cth). What are the supported products I can access as an OKX Australia customer?

Customizable trading alerts: stay informed, act swiftly Staying informed is key in the volatile world of cryptocurrency. OKX acknowledges this by providing customizable trading alerts. You can set personalized alerts for specific market conditions or price movements, ensuring they're always ahead of the curve. By receiving timely notifications, traders can act swiftly, maximizing opportunities and minimizing risks.

Try to understand how your assets are stored and protected.Business Conduct Risk Business conduct risk arises when a platform acts in its own interest at the expense of its customers. This includes unethical or misleading practices like fraud, lack of transparency, conflicts of interest, or failing to meet expectations. You can reduce this risk by choosing a licensed platform that clearly discloses any conflicts and the steps it takes to manage them.

Block confirmation is an act in that miners add your transaction into blocks (i.e., data blocks) on the blockchain when you deposit or withdraw. It is important as it makes sure the transaction is difficult to alter. When you've made a deposit, your deposit will be processed and verified by the miners. Once your deposit is verified by a miner, the number of block confirmations will be updated from 0 to 1. The more miners verify your transaction, the greater the number of block confirmations is.

Block confirmation is an act in that miners add your transaction into blocks (i.e., data blocks) on the blockchain when you deposit or withdraw. It is important as it makes sure the transaction is difficult to alter. When you've made a deposit, your deposit will be processed and verified by the miners. Once your deposit is verified by a miner, the number of block confirmations will be updated from 0 to 1. The more miners verify your transaction, the greater the number of block confirmations is.

Our platform acts as a bridge, bringing together users and NFTs from multiple chains, expanding the availability of digital collectibles, tickets and art.

Information about: digital currency exchange services is prepared by OKX Australia Pty Ltd (ABN 22 636 269 040); derivatives and margin by OKX Australia Financial Pty Ltd (ABN 14 145 724 509, AFSL 379035) and is only intended for wholesale clients (within the meaning of the Corporations Act 2001 (Cth)); and other products and services by the relevant OKX entities which offer them (see Terms of Service).

This connection enhances the trustworthiness and verifiability of the NFT, giving buyers confidence in their purchase.A hub of security The OKX NFT Marketplace acts as a secure and regulated hub where buyers and sellers can transact with confidence. OKX's stringent security measures extend beyond just verification processes and BTC ordinals. The platform employs advanced cybersecurity protocols to safeguard user information and digital assets.

Users must be at least 18 years old and have full legal capacity.When acting on behalf of a business, users must have valid authorization and ensure the entity is lawfully registered. Access to Web3 services isn't available in sanctioned or restricted regions, and we reserve the right to restrict or terminate access in certain jurisdictions.5. Is KYC (identity verification) required to use our Web3 Wallet?

Applicant understands and agrees that OKX may, and is entitled without further inquiry to, rely and act upon any Application Documentation provided by Applicant, now or hereafter, or any representation, warranty, or statement made by Applicant herein in deciding whether to provide, or continue to provide, the Services (as that term is defined in the Terms) to Applicant.

Increased trust: the verification tag acts as a beacon of trustworthiness, showing to the rest that you're serious about security. This often leads to more successful and repeat transactions. Enhanced security: with additional verification process, the risk of fraud is minimized, creating a safer trading space for everyone.

These phishing messages are crafted to look official and may contain urgent alerts.Scammers use these tactics to create a sense of urgency and panic, pushing users to act quickly without verifying the information.What are the common scam tactics? Impersonation tactics: Fraudsters may use the official OKX name to appear legitimate. Common scam messages: Messages claiming account issues, reward collection, or security verification designed to lure users.

This allows P2P buyers to act quickly on trading opportunities. However, it's important to consider the limitations of e-wallets for P2P trading: Transaction limits: e-wallets often have lower sending and receiving limits compared to bank accounts. This can be a problem for merchants who deal with larger P2P transactions. Cancellation risk: if a merchant isn't aware of their e-wallet's limits, they risk having P2P trades canceled due to insufficient funds for receiving cryptocurrency.

You can manage lead trades in one of the following locations: Trading > Lead trades > All lead trades or spot lead trades My lead trades > Ongoing or History If a trade fails to act as a lead trade, it won't be displayed in these locations. You can check crypto in your assets. You can sell your crypto by placing a sell order or a TPSL.What can cause lead trade to fail？ Visit here to find out more about the possible reason for the failure of spot lead trade.