Deposit Match - Rewards Session Terms and Conditions (AU)
These Deposit Match Rewards Session Terms and Conditions ("Terms"), together with the accompanying campaign FAQs, the OKX Australia - Terms of Service, and the specific campaign parameters displayed on the relevant rewards session page in the OKX app or landing page ("Campaign Page"), govern your participation in any Deposit Match campaign session ("Campaign"). The specific commercial parameters published on the Campaign Page at the time of opt-in (including reward match rates, maximum individual reward caps, campaign dates, total pool limits, and eligible fee tiers) are incorporated into and form an integral part of these Terms.
A. Enrollment Eligibility
Promoter: This deposit match rewards program is offered by OKX Australia Pty Ltd (ABN 22 636 269 040) ("OKX", "we", "us").
Eligibility Criteria: This Campaign is open to individuals who meet all of the following requirements:
Are existing or new users of OKX Australia holding a verified main account;
Are Australian residents aged 18 years or older;
Have successfully passed OKX's identity verification (KYC) requirements; and
Meet any additional fee tier or user category requirements specified on the Campaign Page at the time of opt in(e.g., Regular Fee Level and VIP Levels 1–6).
Ineligible Participants: The following accounts and individuals are strictly excluded from participating in or receiving rewards under any Campaign session:
Sub-accounts (participation is restricted to main accounts only; sub-account activity and balances will not be combined or counted towards the main account);
Users categorized under excluded VIP tiers or KYB/Institutional accounts as specified on the Campaign Page;
Employees, officers, contractors, and immediate family members of OKX Australia or its affiliates; and
Persons subject to sanctions or otherwise prohibited from receiving digital assets under applicable Australian or international laws.
OKX reserves the right to verify the eligibility of all participants at any time, including during or after the Rewards Period, i.e. the Offer Period and the Rewards Payout Period.
B. Participation & Net Deposit Mechanics
Opt-In Requirement: To participate, users must log in to the OKX app, navigate to the Campaign Page, and click the "Opt-in" or "Join now" button. Deposits made prior to clicking the opt-in button, or after the Offer Period has closed, will not be counted as qualifying deposits.
Campaign Timelines: Each Campaign session consists of two distinct operational periods as specified on the Campaign Page:
Offer Period: The window during which eligible users may join the Campaign and make qualifying Net Deposits.
Rewards Payout Period: The scheduled distribution period following the Offer Period during which earned reward instalments are paid out. No new participants or new deposits qualify after the Offer Period ends.
Net Deposit Calculation: Qualifying deposits are calculated on a Net Deposit basis during the applicable Offer Period as follows:
Net Deposit = Qualifying Deposits - Qualifying WithdrawalsNet Deposits made in Australian Dollars (AUD) or non-USDT digital assets are measured in USDT using OKX's prevailing system exchange rate at the exact timestamp when each deposit status is updated to "Completed" on OKX internal ledgers. Where a user completes multiple deposits during the Offer Period, the final Net Deposit figure evaluated at the baseline snapshot time will equal the sum of all eligible completed deposits converted at their respective "Completed" timestamps.
Qualifying Deposits & Withdrawals:
Qualifying Deposits (Included): Fiat deposits (e.g., AUD via bank transfer or PayID) and digital asset transfers deposited into the participant's OKX Australia main account directly from an external source.
Excluded Deposits: Internal transfers between a user’s own OKX accounts or sub-accounts, transfers from OKX Pay, P2P shared orders, and funds received via other OKX promotions, vouchers, or rewards do not qualify.
Qualifying Withdrawals: Includes all external fiat and cryptocurrency withdrawals, transfers to OKX Pay, transfers to OKX Web3 Wallet, and internal transfers out of the main account executed during the applicable Enrolment Period or Payout Period.
Excluded Trading Volume: Where trading activity is required or referenced, only genuine, arm's-length trades that incur positive trading fees actually charged and paid on OKX qualify. Excluded trades include: zero-fee trading pairs, trades with maker rebates or fee waivers, OTC trades, wash trades, self-trades, or circular trades.
C. Reward Calculation & Snapshot Payout Mechanics
Reward Rate & Caps: Eligible participants will receive a promotional deposit match calculated at a fixed match rate specified on the Campaign Page, up to the maximum Net Deposit threshold and maximum reward cap set for that specific campaign session.
Entitlement & Snapshot Condition: The final reward entitlement and its distribution in instalments are strictly subject to the Eligible Deposit captured at the close of the Offer Period and the participant meeting the ongoing balance maintenance requirements captured during recurring snapshots throughout the Rewards Payout Period in accordance with these Terms.
Participation is subject to the total rewards cap specified on the Campaign Page ("Total Available Rewards"). If the aggregate value of qualified rewards calculated across all participants at the Baseline Snapshot exceeds the Total Available Rewards limit specified on the Campaign Page, rewards will be allocated strictly on a first-come, first-served basis determined by the earliest timestamp at which participants completed their qualifying Net Deposit(s) during the Enrolment Period, until the Total Available Rewards is fully allocated. OKX is not liable for rewards on deposits that fall outside the Total Available Rewards cap.
Distribution Schedule & Installments:
Total calculated rewards will be distributed over the Rewards Payout Period in equal periodic instalments (e.g., biweekly payouts) as stipulated on the Campaign Page, subject to snapshot verification.
The first distribution date/time and recurring payout intervals will be set out on the Campaign Page.
Reward Currency & Crediting: Unless explicitly specified otherwise on the Campaign Page, all reward instalments under any Campaign session are calculated in USDT (applying OKX's prevailing system exchange rate), denominated, and disbursed in Tether (USDT).
Snapshot Mechanics:
Baseline Snapshot & Eligible Deposit: At the close of the Offer Period (or designated baseline snapshot time specified on the Campaign Page), OKX will capture an account balance snapshot ("Baseline Snapshot") to establish each participant's locked qualifying Net Deposit figure ("Eligible Deposit").
Recurring Balance Snapshot: For each scheduled payout date, OKX will capture a recurring balance snapshot at the exact designated time specified on the Campaign Page ("Recurring Balance Snapshot") to evaluate the participant's ongoing Net Deposit balance against their Eligible Deposit.
Maintain Balance Requirement:
To successfully receive each instalment, participants must continuously maintain a Net Deposit balance equal to or greater than their Eligible Deposit up to and including each Recurring Balance Snapshot and payout processing time.
Effect of Withdrawals: Any withdrawal of funds (including transfers to Web3 Wallet or OKX Pay) that causes the Net Deposit balance to fall below the Eligible Deposit at or before a Recurring Balance Snapshot will result in the forfeiture of the corresponding instalment.
Effect of Market Movements: Fluctuations in digital asset market prices, trading losses, or liquidation events during the Rewards Payout Period do not reduce a participant's Net Deposit balance or affect reward eligibility, provided no actual withdrawal of principal has occurred.
Reinstatement: If a participant's Net Deposit balance is subsequently restored prior to a future Recurring Balance Snapshot (e.g. Via a new external deposit), future scheduled instalments may be reinstated at OKX's sole discretion. Forfeited past instalments will not be retroactively paid or reinstated.
Distribution Delays: OKX reserves the right to postpone or delay the distribution of reward instalments due to technical issues, system maintenance, or operational constraints, provided reasonable notice is given where practicable.
D. Prohibited Conduct & Clawback
One Reward Per Participant: Each participant may only participate using one main account per campaign session. Operating multiple accounts, utilizing device fingerprint masking, or exploiting fake identities to claim multiple rewards is strictly prohibited.
Prohibited Activities: The following behaviors constitute a material breach of these Terms:
Depositing and rapidly withdrawing funds solely to farm rewards without genuine platform engagement;
Using automated scripts, bots, or third-party accounts to complete tasks;
Executing non-genuine or wash trades to artificially meet thresholds;
Any conduct that exploits, abuses, or manipulates the Campaign mechanics.
Disqualification & Clawback: If OKX reasonably suspects or determines that a participant has engaged in fraudulent, abusive, or non-compliant behavior:
OKX may disqualify the participant and forfeit future unpaid instalments;
OKX reserves the right to claw back or recover any rewards already distributed by deducting the equivalent value directly from the participant’s OKX account.
E. General Platform Rules & Legal Terms
No Yield or Advice Disclaimer:
Rewards under this Campaign are promotional bonuses and do not represent interest, yield, or investment returns on your cash or digital asset balance.
This Campaign is a promotional offer only and does not constitute financial product advice, investment advice, or a recommendation by OKX Australia.
Future Campaign Sessions: Participation in a campaign session does not restrict eligibility for future campaign sessions or iterations, subject to the specific terms published for each respective session.
Amendments & Termination: OKX reserves the right to amend, suspend, or terminate any Campaign session or these Terms at any time prospectively. Tasks completed prior to termination will be honored, subject to compliance and clawback provisions.
Governing Law: These Terms are governed by and construed in accordance with the laws of New South Wales, Australia.
Consumer Protection: Nothing in these Terms limits or excludes any statutory rights or guarantees under the Australian Consumer Law (Schedule 2 of the Competition and Consumer Act 2010 (Cth)).
Precedence: In the event of any conflict or inconsistency between these Terms and any other promotional or marketing materials (excluding the campaign parameters displayed on the Campaign Page), these Terms shall prevail.
Digital assets are highly volatile and carry a high level of risk. Information provided is general in nature and does not take into account your personal circumstances. Issued by OKX Australia Pty Ltd (ABN 22 636 269 040).