Copy Trading Updates Under New Crypto Regulation for Our Customers in Turkiye

Dear Customers,

We would like to share with you some important changes to our services in Turkiye in line with our principles of providing transparency and compliance with local laws and regulations.
In accordance with the new laws and regulations published in the Official Gazette of the Republic of Turkiye on 2 July 2024, we will update our Copy Trading Service Terms regarding the prohibition of marketing activities related to copy trading in Turkish or targeting Türkiye and the termination of profit-sharing programs for users residing in Türkiye with effect from 30 September 2024. By continuing your use of the copy trading service after 30 September 2024, you will be deemed to have accepted new updated Copy Trading Service Terms.

Please find below the detailed mechanism for the termination of profit-sharing for copy trading and take immediate action accordingly.
The last profit share settlement for Turkish lead traders will take place on 30 September 2024 (UTC+8). In order to retain your profits, we strongly encourage you to close all of your trades before 29 September 2024 23:59 (UTC+8).
After 30 September 2024 00:00 (UTC+8), for all futures lead traders, if open positions were not closed, none of the profits from any pending and new positions will be settled and the profits will be forfeited.
After 30 September 2024 00:00 (UTC+8), for all spot lead traders, if there were any open or pending trades, none of the profits from pending and new trades will be settled and the profits will be forfeited.
Other copy trading features will remain accessible.

Compliance with applicable laws and regulations is our top priority. We assure you that OKX ( www.okx.com ) will continue to provide services without interruption. Our crypto asset deposit, withdrawal and trading functions will remain accessible. Thank you for your understanding and support. If you have any questions or concerns, you can contact our customer support team 24 / 7. You can be informed about current developments by following OKX TR on social media: "X " and "Telegram".
This announcement is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold digital assets; or (iii) financial, accounting, legal, or tax advice. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Not all products are available in all regions. Please consult your legal/tax/investment professional for questions about your specific circumstances.