OKX has fully upgraded its iceberg strategy, adding several highlight features such as "Order Preference."

ChainCatcher news, according to the official announcement, to enhance user trading experience, OKX plans to launch a new iceberg strategy on July 13, 2023, at 4:30 PM (HKT), with several core upgrades including order preference, number of orders per transaction, and starting conditions.

It is reported that the OKX iceberg order strategy is a method of splitting large orders and placing them in batches, which helps users set their own order preferences when making large transactions, complete order splitting, and features such as hiding trading intentions, reducing costs, minimizing slippage, and lowering market price volatility. It has become one of the preferred strategies for large transaction users in the market. (source link)