OKX Europe "Pre-IPO X-Perps Launch" Campaign - Terms & Conditions
This Rewards Program, launched in conjunction with the launch of the Pre-IPO X-Perps in Europe is being offered by the OKX entity on which qualified users are onboarded as a customer under the OKX Europe Ltd Terms of Service ("OKX") and/or OKX Europe Markets Terms of Service ("OKX").
It begins on 10 September 2026, 10:00 (GMT+2) to 8 October 2026, 23:59 (GMT+2) and consists of the following two Programs:
New User Bonus Program
Referral Program
The detailed Terms and Conditions for each program are set out below.
New User Bonus Program
Reward Details
Reward Structure: The New User Bonus ("NUB") program includes multiple reward tiers (each a "Reward" and collectively the "Rewards"). The availability of tiers, reward amounts, and eligibility requirements may vary by jurisdiction, campaign period, and user segment. To qualify for rewards under the Program, users may be required to complete certain actions such as depositing funds, , and maintaining a minimum account balance for a defined period. Specific eligibility requirements and reward details applicable to each user will be displayed within the OKX App or platform, including on the relevant rewards amount by market.
After registering through designated channels, qualified users will be eligible to receive the Welcome Rewards in Campaign center > Welcome Rewards.
Eligible users will receive a reward upon completing the required tasks displayed in Campaign center > Welcome Rewards. The reward amount may vary for each user. Please refer to Campaign center > Welcome Rewards after signing up for the exact reward amount.
X-Perps Voucher: Eligible Users may receive an X-Perps Voucher by completing the task specified under this Rewards Program.
An X-Perps Voucher enables an Eligible User to open an X-Perps position without using their own funds. The Eligible User may retain any profit generated from the position; however, the margin provided through the Voucher cannot be withdrawn. If the position is closed at a loss or liquidated, no payout will be credited.
The X-Perps Voucher is denominated and displayed in USDC using a fixed conversion rate of EUR 1 to USDC 1.12. The value displayed represents the total notional value of the position, rather than the margin provided through the Voucher.
For example, a Voucher displaying a position value of 100 USDC may provide 20 USDC in margin at 5× leverage, enabling the Eligible User to open a position with a notional value of 100 USDC. Leverage amplifies both potential gains and losses.
Before using an X-Perps Voucher, the Eligible User must complete the Appropriateness Assessment and successfully open a Derivatives Account.
Once activated, the X-Perps Voucher must be used within seven calendar days, and only with the OPENAIUSD UM X-Perps Contract and ANTHROPICUSD UM X-Perps Contract. Any position opened using the Voucher must be manually closed before the Voucher expires. Otherwise, the position will be automatically closed upon expiry.
Further information regarding the use of X-Perps Vouchers, position management and applicable risk controls is available here.
Crypto Reward: Eligible Users may receive crypto rewards in BTC by completing the tasks specified under this Rewards Program.
Crypto rewards issued as a New User Bonus are subject to a 30-day qualifying period from the date on which the reward is credited.
During the qualifying period, the reward may be used for trading but cannot be withdrawn or transferred to another platform or wallet.
Upon completion of the 30-day qualifying period, the reward will be unlocked and made available for withdrawal, subject to these Terms and any other applicable restrictions.
Eligible Users may view the reward’s unlock progress and estimated release date under Rewards Centre > My Rewards. A reward displayed in the account balance but unavailable for withdrawal may remain subject to the qualifying period.
Eligibility
Only new users who register from September 10 onwards through designated channels and complete the required tasks within 30 days of their account registration will be entitled to claim the New User Bonus rewards.
This reward program is available to new users who reside in one of the eligible jurisdictions in Europe, as outlined in the General Terms & Conditions, subject to OKX account verification and applicable compliance checks.
Sub-accounts will not be eligible to participate in this program, or receive any Rewards.
Please note that the value of rewards may fluctuate and may not be equal in value at the time a recipient has the ability to withdraw based on market fluctuation. Prices of digital assets, including stablecoins, can and do fluctuate at any moment. Due to such price fluctuations, qualified users may increase or lose value in qualified users' assets at any given moment.
Frequently Asked Questions:
What tasks do I need to complete to receive Welcome Rewards? Qualified users may be required to complete trading or deposit tasks as part of the Welcome Rewards criteria. Qualifying actions include:
Deposit: Crypto or Fiat deposit (via SEPA, iDEAL, Bancontact, etc.) of the specified amount as shown in the OKX app. Internal transfers do not qualify.
Trade: Buy, sell or convert order, or a spot order book trade, that meets the minimum amount specified in the OKX app. Any trades executed on the USDC/EUR spot trading pair; and any buy, sell, or convert transactions involving USDC/USDG, USDC/USD, or USDG/USD, are excluded and will not qualify as a trade for the purposes of New User Bonus Terms and Conditions.
Why didn't I receive the New User Bonus after depositing?
The New User Bonus is only available to users who register through a designated promotional channel, such as a specific partner's referral link. Any other user account created otherwise, will not be eligible for the bonus, even if they completed the deposit and trading tasks.
If you believe you used the correct link but still didn't receive the bonus, you can submit an appeal via the Rewards Centre. However, if the eligibility check confirms that the user's account was not registered through a designated channel, OKX is unable to manually grant the bonus.
Why did some of my own funds appear locked ?
When qualified users receive a cryptocurrency reward under this Promotion (for example, BTC), OKX places a temporary hold on their account balance equal to the current USD market value of that reward — calculated as the quantity of cryptocurrency awarded multiplied by its real-time market price (the "Hold Amount").
The Hold Amount is not fixed at the value at the time of disbursement; it fluctuates continuously with the live market price of the reward cryptocurrency. This means that even after they have traded or converted their reward into another asset (such as selling BTC into USD), the Hold Amount on the user's account continues to reflect the live market value of the original reward quantity.
If the price of the reward cryptocurrency rises after the user has sold or converted it, the Hold Amount may increase beyond the USD value the qualified user received from that conversion — and the user's available account balance may appear fully or partially restricted as a result. This is expected behavior and is not an error; it is designed to ensure the reward can be recovered by OKX if the applicable holding requirements are not met.
To illustrate: suppose User A receive 0.001 BTC as a reward when BTC is priced at $100,000 (reward value at disbursement: $100). User A sell the 0.001 BTC and receive 100 USD in their account. BTC's price subsequently rises to $120,000, User A's Hold Amount is recalculated as 0.001 BTC × $120,000 = $120. Because User A's available USD balance ($100) is now less than the updated Hold Amount ($120), the user's entire balance will appear locked — even though the funds originally came from the user's own conversion proceeds. The hold will be released once the AUM holding requirement is satisfied and the reward is unlocked, or if the reward is reclaimed by OKX in accordance with these Terms and Conditions.
I completed all the tasks but my reward hasn't appeared yet - what should I do?
Task completion and reward crediting can take up to 48 hours to process. If your reward is still not visible after 48 hours, contact OKX Support via Live Chat and provide a screenshot of your completed task status.
Note: USDC purchases do not count towards trading volume tasks because USDC carries zero trading commission and is classified as a stablecoin.
If there's any fraudulent behavior or suspicion of such, including, but not limited to, fraudulent registration, buying or selling, or forging identity verification information, we'll strictly review the situation, and reserve the right to cancel the participation eligibility and award rights of the related users.
Any violation of these terms or the OKX Europe Ltd Terms of Service and/or the OKX Europe Markets Terms of Service at any time may disqualify such customer from this promotion. If disqualified, the user agrees: 1) to return the value of any Bonuses provided under this promotion; or 2) that we may deduct, offset, or otherwise claw back such value from the user's account.
We may delay the distribution of Rewards due to system issues or other special circumstances, in our sole discretion. If qualified users haven't received the Rewards within 48 hours after qualified users complete the task, please contact customer service, and we'll actively follow up on the situation.
We have the right to suspend, freeze, and/or seal user accounts and assets within the accounts according to applicable laws or Terms of Service.
We reserve the right to terminate the program at any time and to interpret or modify the terms and conditions of this program at any time without prior notice.
For more detailed information, please refer to the OKX Europe Ltd Terms of Service and the OKX Europe Markets Terms of Service.
Referral Program
Participation
Eligible Users may participate in the Referral Program as referrers (“Referrers”) by accessing the Referral page through either of the following methods:
Website: Log in at okx.com and select More > Referral.
OKX app: Log in and select Main menu > Earn and rewards > Referral.
To participate, a Referrer must copy their unique referral code or referral link and share it with another individual (the “Invitee”). The Referrer may receive a referral reward if the Invitee:
Registers for an OKX account using the Referrer’s unique referral link or referral code;
Successfully completes identity verification; and
Completes the applicable tasks displayed on the Referral page within the timeframe specified for the relevant Referral Promotion Period.
The reward type, value and any applicable minimum or maximum reward amounts will be displayed on the Referral page before participation.
Each Referrer may receive rewards for up to the maximum number of qualifying Invitees specified for the relevant Referral Promotion Period. Once this limit has been reached, the Referrer will not be eligible to receive additional rewards during that Referral Promotion Period.
Personalized Referral Rewards and Tasks
Referral rewards and required tasks may vary between Eligible Users and Referral Promotion Periods. Referrers may be eligible to receive rewards in the form of crypto or X-Perps Vouchers.
Eligible users must log in to their own OKX account and visit the Referral page to view the specific rewards, tasks, eligibility requirements and applicable timeframes available to them.
2. Reward Details
X-Perps Voucher: Eligible invitees may receive an X-Perps Voucher if their Invitee completes the designated task specified under this Rewards Program.
An X-Perps Voucher enables the eligible invitee to open an X-Perps position without using their own funds. The invitee may retain any profit generated from the position; however, the margin provided through the Voucher cannot be withdrawn. If the position is closed at a loss or liquidated, no payout will be credited.
The X-Perps Voucher is denominated and displayed in USDC using a fixed conversion rate of EUR 1 to USDC 1.12. The value displayed represents the total notional value of the position, rather than the margin provided through the Voucher.
For example, a Voucher displaying a position value of 100 USDC may provide 20 USDC in margin at 5× leverage, enabling the Eligible User to open a position with a notional value of 100 USDC. Leverage amplifies both potential gains and losses.
Before using an X-Perps Voucher, the invitee must complete the Appropriateness Assessment and successfully open a Derivatives Account.
Once activated, the X-Perps Voucher must be used within seven calendar days, and only with the OPENAIUSD UM X-Perps Contract and ANTHROPICUSD UM X-Perps Contract. Any position opened using the Voucher must be manually closed before the Voucher expires. Otherwise, the position will be automatically closed upon expiry.
Further information regarding the use of X-Perps Vouchers, position management and applicable risk controls is available here.
Crypto Reward: Eligible invitees may receive crypto rewards in Bitcoin by completing the tasks specified under this Rewards Program.
Crypto rewards issued as a New User Bonus are subject to a 30-day qualifying period from the date on which the reward is credited.
During the qualifying period, the reward may be used for trading but cannot be withdrawn or transferred to another platform or wallet.
Upon completion of the 30-day qualifying period, the reward will be unlocked and made available for withdrawal, subject to these Terms and any other applicable restrictions.
Eligible invitee may view the reward’s unlock progress and estimated release date under Rewards Centre > My Rewards. A reward displayed in the account balance but unavailable for withdrawal may remain subject to the qualifying period.
3. Eligibility
Only new users who register from September 10 onwards through designated channels and complete the required tasks within 30 calendar days of their account registration will be entitled to claim the New User Bonus rewards.
Sub-accounts will not be eligible to participate in this program, or receive any Rewards.
Both the inviter and invitee have to be under OKX Europe Ltd or OKX Europe Markets to be eligible.
Rewards under this Referral Program will be distributed to eligible participants who complete the specified trading criteria in accordance with these Terms and Conditions. OKX may adjust the total rewards budget at its discretion. Once any applicable reward allocation is fully distributed, no further rewards will be granted. The referral relationship will remain valid in accordance with the program terms.
The reward value calculation is based on a 14-day rolling average USD/EUR price and a 7-day rolling average USD/BTC price counting from the trade date, so the actual reward may vary for each user.
BTC rewards rates can vary depending on users' ongoing experience, trading volume and number of referrals.
You can view your rewards and rewards earned on "Referral" > "Invited Friends" page on OKX Website and the OKX App.
Crypto rewards may be subject to a lock-up period: depending on the reward type, the reward may be restricted from trading and/or withdrawal during the lock-up period, and unlocking may require meeting the conditions shown on the Referral page. If the applicable unlock requirements are not met within the specified period, the reward may be reclaimed. If you were invited by a friend and received a New User Bonus, that bonus is separate from Referral rewards and is governed by the New User Bonus terms and conditions .
Sub-accounts will not be eligible to participate in this program, receive any rewards, or be invited as referees.
Please note that the value of the rewards may fluctuate and may not be equal in value at the time a recipient has the ability to withdraw based on market fluctuation. Prices of digital assets, including stablecoins, can and do fluctuate at any moment. Due to such price fluctuations, you may increase or lose value in your assets at any given moment.
Any violation of these terms or the OKX Europe Ltd Terms of Service and/or the OKX Europe Markets Terms of Service at any time may disqualify such customer from this promotion. If disqualified, you agree: 1) to return the value of any Bonuses provided under this promotion; or 2) that we may deduct, offset, or otherwise claw back such value from your account.
OKX has the right to suspend, freeze, and/or seal user accounts and assets within the accounts according to applicable laws or OKX Europe Ltd's Terms of Service and/or OKX Europe Markets' Terms of Service.
General Campaign Terms & Conditions
THIS OKX PROMO IS NOT AVAILABLE TO YOU, AND YOU ARE NOT ELIGIBLE TO PARTICIPATE IF YOU ARE NOT RESIDING IN ALBANIA, ANDORRA, AUSTRIA, BELGIUM, BULGARIA, CROATIA, CYPRUS, CZECH REPUBLIC, DENMARK, ESTONIA, FINLAND, FRANCE, GERMANY, GREECE, HUNGARY, IRELAND, ICELAND, ITALY, LATVIA, LIECHTENSTEIN, LITHUANIA, LUXEMBOURG, MALTA, MONACO, NETHERLANDS, NORTH MACEDONIA, MONTENEGRO, NORWAY, POLAND, PORTUGAL, ROMANIA, SAN MARINO, SERBIA, SLOVAKIA, SLOVENIA, SPAIN, SWEDEN, SWITZERLAND AND VATICAN CITY AT THE MOMENT OF THE CAMPAIGN. OKX is the trading name of both OKX Europe Ltd, a Malta registered Company licensed by the MFSA as a Crypto Assets Service Provider, and OKX Europe Markets Limited is authorised and regulated by the Malta Financial Services Authority under the Investment Services Act.
Users who enter the rewards session landing page and participate herein agree that they have read and understood the Terms and Conditions of this rewards session.
Participation in this rewards session is restricted to the main account only. Sub-accounts are not eligible to participate. The earnings of sub-accounts will not be included in the calculation of the earnings of the main account.
Any and all applicable taxes and all fees and additional expenses, including connection, installation, and/or service costs, related to acceptance and use of the reward are the sole responsibility of the individual reward recipient.
Users from the following countries or regions (subject to verification information) may not be eligible to participate in this campaign: please refer to clause 3 of OKX Europe Ltd's risk and compliance disclosure and OKX Europe Markets Limited's risk and compliance disclosure.
During the campaign period, OKX will closely track the behaviour of traders to avoid any form of cheating or abnormal behaviour, including but not limited to: registering multiple accounts, using other people's accounts, using other people's information to register accounts, false KYC information, maliciously increasing trading data, engaging in laundering trades or wash trades, violating the terms and conditions of the campaign, violating local regulatory rules for transaction and any other activities related to illegal, fraudulent or harmful purposes. If any of the above acts are found, OKX reserves the right to disqualify the user from the prize.
This activity is not (i) investment advice or an investment recommendation; (ii) an offer or solicitation, to buy or sell crypto/digital assets; or (iii) financial, accounting, legal or tax advice. qualified users should carefully consider whether trading or holding crypto/digital assets is suitable for qualified users in light of qualified usersr financial condition and risk tolerance. Please consult qualified usersr legal/ tax/ investment professional for questions about qualified usersr specific circumstances. Crypto/Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk and can lose value. Historical returns are not indicative of future returns and past performance is not indicative of future results. OKX is not responsible for any potential losses. Not all products offered in all regions and this activity may be limited or not offered in some markets. Please consult qualified usersr legal/ tax/ investment professional for questions about qualified usersr specific circumstances. This crypto-asset marketing communication has not been approved by any competent authority in any Member State.
Notwithstanding anything to the contrary herein, OKX reserves the right to exclude any participant from participating in this campaign without notice.
OKX reserves the right to disqualify or suspend accounts of any participant and confiscate all rewards of any participant who is found to be involved in any dishonest or abusive behaviour in this activity, including but not limited to click farming, registering multiple accounts, using others' accounts, using others' KYC information to register accounts, providing false KYC information, using device farms or other malicious tools for abusive, dishonest or fraudulent purposes, engaging in laundering trades or wash trades, violation of any applicable rules or policies of OKX or any campaign or project rules or terms and conditions or announcements (as amended and restated from time to time) in connection with the project, violating local regulatory rules or any engaging in other activities with the intent or result of abusing, disrupting or undermining the legitimate operation of the project, as determined by OKX at its sole discretion.
OKX reserves the right to determine and amend the rules of the campaign at any time without further notice, including but not limited to cancelling, extending or terminating this campaign, modifying the eligibility conditions for users participating in the campaign, and adjusting the campaign and reward rules. All participants shall be bound by these revised terms. Where practicable, OKX will endeavour to provide notice of material changes before they take effect. Where OKX exercises any discretion under these terms, it shall do so in a reasonable manner.
OKX reserves the right to final interpretation of this rewards program. Please contact the customer service team if qualified users have any questions.
OKX is not responsible for technical, graphic, typographical or editorial errors or omissions. For more information, please visit my.okx.com © 2026 OKX.
Where any discrepancy arises between the translated versions and the English version, the English version shall prevail.