Welcome to the P2P API User Agreement — your comprehensive guide to accessing and using the OKX Application Programming Interface (API) services. This document outlines the terms, responsibilities, and legal framework governing your interaction with our technology. Whether you're a developer, institutional user, or third-party integrator, understanding this agreement is essential for compliant and effective use of our platform.
Understanding the Agreement
This P2P API User Agreement ("Agreement") governs your access to and use of the application programming interface ("API") provided by OKX ("we," "us," or "our"). The agreement is established between you ("you" or "user") and the applicable OKX entity based on your residency and registration date:
- Aux Cayes FinTech Co. Ltd, a Seychelles-registered company, for all users not covered by other regional entities.
- OKX Bahamas FinTech Company Limited, for users residing in Mexico who registered between November 16, 2022, and August 28, 2023, as well as institutional users registering on or after August 29, 2023.
- OKCoin Europe LTD, operating under the OKX brand in the European Economic Area.
- OKX Middle East Fintech FZE, serving users in the UAE.
By using the API, you confirm that you have read, understood, and agreed to all terms within this Agreement, including future amendments. If you do not accept these terms, you must discontinue use of the service immediately.
This Agreement supplements the broader OKX Terms of Service, Privacy Notice, and other policies published on www.okx.com, collectively referred to as the "Platform Terms." In case of conflict, this Agreement takes precedence. All other provisions of the Platform Terms remain fully enforceable unless explicitly modified herein.
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1. Overview of Services
The Service includes the API interface that enables developers and applications to interact with OKX’s platform. It allows access to select functionalities such as market data retrieval, trade execution, and account management — depending on permission levels and regional compliance requirements.
These tools are designed to support automated trading systems, portfolio tracking, and financial analytics. However, access is strictly regulated and granted only to authorized users.
2. License Terms
2.1 Usage Rights
You are permitted to use the Service solely for your own purposes under this Agreement. Redistribution, resale, or sharing of API access with third parties is strictly prohibited. Use must comply with both this Agreement and applicable laws.
2.2 Data Accuracy Disclaimer
OKX does not guarantee the accuracy, completeness, or stability of data delivered through the API. We explicitly disclaim liability for any losses arising from data inaccuracies or service interruptions.
3. Fees and Payment
Currently, there are no fees associated with P2P API usage. However, OKX reserves the right to introduce or modify fee structures at any time without prior notice.
If fees are introduced in the future:
- Users must pay all charges promptly.
- Subscription renewals will follow updated pricing unless canceled.
- Failure to pay may result in immediate suspension or termination of service access.
We also reserve the right to withhold technical support until all outstanding fees are settled.
4. User Responsibilities
4.1 Legal Compliance
You agree that your use of the API complies with all applicable laws and does not infringe upon third-party rights.
4.2 Timely Payments
Failure to meet payment obligations may lead to service suspension. Any resulting damages are your sole responsibility.
4.3 Prohibited Activities
You must not:
- Reverse engineer, decompile, or modify the API.
- Attempt unauthorized access via stolen credentials or system exploits.
- Conduct actions that degrade performance, such as sending excessive API requests.
- Exceed reasonable rate limits set by OKX.
Unauthorized use constitutes a breach of this Agreement and may lead to immediate termination.
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5. Disclaimers and Liability Limitations
5.1 No Warranties
The Service is provided “as is,” “with all defects,” and “as available.” We make no express or implied warranties regarding performance, reliability, or suitability for any purpose.
Service interruptions may occur due to:
- Force majeure events (e.g., natural disasters, war)
- Legal or regulatory changes
- System maintenance or updates
- Cyberattacks or network failures
We are not liable for any data loss or damages caused by such disruptions.
5.2 Limitation of Liability
To the fullest extent permitted by law, OKX shall not be liable for:
- Direct or indirect damages
- Lost profits or business interruption
- Data loss or computer malfunction
- Privacy breaches or disclosure of information
- Any financial or non-financial losses
This exclusion applies even if we were informed of the possibility of such damages.
5.3 Service Modifications
OKX may change, interrupt, or terminate the Service at any time without notice. You bear full responsibility for any consequences resulting from such actions.
6. Data Protection and Privacy
6.1 Access to User Data
The API may provide access to personal data processed by OKX. You must comply with all applicable data protection laws when handling this information.
6.2 Applicable Laws
These include:
- General Data Protection Regulation (GDPR)
- UK GDPR
- California Consumer Privacy Act (CCPA)
- Hong Kong Personal Data (Privacy) Ordinance
- Singapore Personal Data Protection Act
- Swiss Data Protection Laws
All referenced laws are subject to updates and amendments.
6.3 Roles and Responsibilities
Under data protection frameworks, you act as a data processor while OKX remains the data controller.
6.4 Processing Instructions
You must:
- Process data only as instructed by OKX.
- Implement robust technical and organizational security measures.
- Prevent unauthorized access, loss, or damage to data.
Both parties warrant compliance with data protection laws and agree not to weaken security controls unless legally required.
7. Intellectual Property Rights
All intellectual property related to the API — including code, technology, databases, trade secrets, and derived content — is exclusively owned by OKX.
You receive only a limited license to use the Service under this Agreement. Any applications developed using our IP remain our property. We retain the right to apply for legal protection over such developments.
Without written consent:
- You may not use, transfer, or commercialize our IP.
- Third-party use is strictly prohibited.
You grant OKX a worldwide, royalty-free license to use your logo for marketing purposes indicating your use of our Service. Conversely, you are prohibited from using OKX logos without authorization.
8. Termination
OKX may terminate this Agreement or suspend Service access at its sole discretion if:
- You breach any term and fail to rectify it within three (3) days of notice.
- A force majeure event occurs.
- Legal insolvency proceedings affect either party.
- Business operations cease or are threatened.
Termination does not affect liabilities accrued prior to cessation.
9. Amendments
We reserve the right to update this Agreement periodically. Continued use of the API after changes are published constitutes acceptance of those amendments. If you disagree with revisions, discontinue use immediately.
10. Governing Law and Dispute Resolution
10.1 Applicable Law
This Agreement is governed by the laws of the Hong Kong Special Administrative Region, without regard to conflict-of-law principles.
10.2 Arbitration
Disputes arising from this Agreement shall be resolved through arbitration administered by the Hong Kong International Arbitration Centre (HKIAC) under its current rules.
Key arbitration details:
- Seat: Hong Kong
- Language: English
- Number of arbitrators: One (1), jointly appointed
- If no agreement within two months, HKIAC appoints the arbitrator
- Awards are final and enforceable globally
11. Miscellaneous Provisions
11.1 Severability
If any clause is found invalid or unenforceable, it will be modified minimally to restore validity. If modification isn’t possible, it will be severed without affecting the rest of the Agreement.
11.2 Waiver
Failure to enforce a right does not constitute a waiver. Partial exercise of rights preserves full enforcement capabilities later.
11.3 Assignment
You may not assign this Agreement without our prior written consent. We may transfer our rights and obligations freely for operational reasons.
11.4 No Partnership
Nothing in this Agreement creates an agency, employment, or partnership relationship. Neither party may bind the other legally without explicit written approval.
Frequently Asked Questions (FAQ)
Q: Is there a cost to use the P2P API?
A: As of now, there are no fees for P2P API access. However, OKX reserves the right to implement pricing in the future.
Q: Can I share my API key with others?
A: No. Sharing credentials violates this Agreement and may result in immediate termination of access.
Q: What happens if the API goes down?
A: While we strive for high availability, service interruptions may occur due to maintenance, attacks, or force majeure events. We are not liable for losses incurred during downtime.
Q: Am I allowed to build commercial products using the API?
A: Yes, within limits defined by this Agreement — but all intellectual property derived from our systems remains owned by OKX.
Q: How do I know if changes have been made to this Agreement?
A: Updates are posted on our official website. Continued use after publication implies acceptance.
Q: Who should I contact for support?
A: Reach out through official support channels on OKX's help center. Note that support may be suspended for non-payment if fees apply in the future.
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