OKX Sharkfin Product Terms

1. Overview

1.1 The ("Sharkfin Product Service", "Service" or "Services") is a principal guaranteed structured investment product ("Product") provided and operated by the OKX entity applicable to you under the OKX Terms of Service ("OKX", "Company", "we", "our" or "us" or "Platform"), the full content of which is incorporated by reference herein.

1.2 These Sharkfin Product Service Terms (these "Terms") govern your use of the Sharkfin Product Service and any related services entered into by and between you (the "User" or "you") and OKX, and are legally binding upon you and OKX. These Terms are supplemental to, and should be read together with, the Structured Products Subscription Service Terms (the "Master Terms") as published by OKX from time to time, which govern the general framework for structured product subscriptions, including order mechanics, calculation agent framework, reference price fallback, events of default, and early termination. In the event of any conflict between these Terms and the Master Terms, these Terms shall prevail to the extent of the conflict insofar as it relates to the Sharkfin Product Service specifically.

1.3 By accessing the Services and subscribing to any Sharkfin Product, you confirm you have read, understood, and accepted these Terms, the Master Terms, the OKX Terms of Service, Risk & Compliance Disclosure, and all other applicable User Agreements (as defined in the Master Terms), and that you agree to be legally bound by all terms and conditions thereof.

1.4 The Terms and any applicable User Agreements constitute the entire agreement and understanding regarding the use of any or all of the Services, and any manner of accessing them, between you and OKX, depending on your location, nationality, services used, and your level of KYC completed.

2. Eligibility to Use the Service

2.1 You understand and acknowledge that:

(1) You have agreed to abide by the OKX Terms of Service, and the Master Terms, and you are eligible and are not prohibited from using the Services defined therein;

(2) If you are registering for the Service in your personal capacity, you must be at least 18 years old, with full civil rights and civil capacity, and have all necessary authorities and abilities to accept and execute these Terms;

(3) If you are registering on behalf of a legal entity, you declare and guarantee that (i) such legal entity is legally established and valid under applicable laws and regulations; and (ii) you are duly authorised by the legal entity and have the right to act on its behalf;

(4) You have the requisite experience, knowledge and risk tolerance to invest in structured Digital Asset products involving derivatives, including products with barrier features and physical settlement;

(5) You shall carefully consider and use clear judgment to evaluate your financial condition and the risks described herein before making any subscription decisions, and shall bear all losses arising therefrom;

(6) These Terms do not conflict with the laws of your country or region, and you agree to comply with all applicable laws;

(7) You are the legal owner of the Digital Assets in your OKX Account and guarantee that the sources of those Digital Assets are legal; and

(8) Access to the Service and each Product may be subject to OKX's internal approval or restrictions and may be denied or revoked at any time without prior notice at OKX's sole discretion. Different account types and applicable jurisdictions may affect access.

2.2 You agree and undertake that you shall not use the Service for any illegal purposes, including but not limited to money laundering, fraud, terrorist financing, or any other activity prohibited by law.

3. Definitions

The following terms used in these Terms shall have the following meanings. Capitalised terms not defined herein shall have the meanings given to them in the Master Terms.

• “Applicable APY Rate” means the annualised percentage yield rate used to calculate the Yield Amount for a given Order, determined in accordance with Clause 4.5. The Applicable APY Rate will be a value between (and including) the Basic APY Rate and the High APY Rate.

• “Basic APY Rate” means the minimum annualised percentage yield rate payable in respect of a Sharkfin Product, specified in the Order Terms. The Basic APY Rate is payable in all Out-of-Range Scenarios. The Basic APY Rate may be zero.

• “Direction” means the directional parameter of the Sharkfin Product, being either “Bull” or “Bear”, as specified in the Order Terms. The Direction determines which end of the Range has optimal yields: for a Bull Product, the Applicable APY Rate scales upward as the Settlement Price approaches the Upper Barrier Level; for a Bear Product, the Applicable APY Rate scales upward as the Settlement Price approaches the Lower Barrier Level.

• “Expiration Date” means the date on which the Sharkfin Product matures, as specified in the Order Terms. Settlement is determined by reference to the Settlement Price on the Expiration Date.

• “Expiration Time” means 16:00 (UTC+8) on the Expiration Date.

• “High APY Rate” means the highest APY rate applicable where the Settlement Price is within the Higher Barrier Level and the Lower Barrier Level inclusive. For a "Bull" Product, the High APY rate is when the Settlement Price is equal to the Upper Barrier Level. For a "Bear" Product, the High APY rate is when the Settlement Price is equal to the Lower Barrier Level.

• “In-Range Scenario” means the settlement scenario in which the Settlement Price is between the Lower Barrier Level and the Upper Barrier Level at the Expiration Time.

• “Initial Reference Price” means the underlying index price of the Reference Asset at the Interest Accrual Start Date, as determined by OKX.

• “Interest Accrual Start Date” means the date indicated in the Order Terms representing the commencement of the Tenor.

• “Investment Amount” means the principal amount paid by the User to subscribe to the Sharkfin Product, denominated in the Investment Currency, as specified in the Order Terms,

• “Investment Currency” means the Digital Asset or Stablecoin in which the Investment Amount is denominated and in which all Settlement Amounts are payable, as specified in the Order Terms,

• “Low APY Rate” means the lowest APY rate applicable where the Settlement Price is within the Higher Barrier Level and the Lower Barrier Level inclusive. For a "Bull" Product, the Low APY rate is when the Settlement Price is equal to the Lower Barrier Level. For a "Bear" Product, the Low APY rate is when the Settlement Price is equal to the Upper Barrier Level.

• “Lower Barrier Level” means the lower of the two barrier prices, derived by applying the Low Barrier Percentage to the Initial Reference Price.

• “Lower Barrier Percentage” means the percentage used to calculate the Lower Barrier Level, expressed as a percentage of the Initial Reference Price, as specified in the Order Terms.

• “Order Terms” means the product-specific terms for each Sharkfin Product subscription communicated to the User by OKX, which shall specify at minimum the items listed in Clause 4.2 below. The Order Terms may take the form of a written term sheet, an in-app order confirmation, or such other form as OKX may make available from time to time.

• “Out-of-Range Scenario” means the scenarios in which the Settlement Price at the Expiration Time is: (i) below the Lower Barrier Level; or (ii) above the Upper Barrier Level. In both cases the Applicable APY Rate will be the Basic APY Rate.

• “Range” means the price interval from (and including) the Lower Barrier Level to (and including) the Upper Barrier Level, within which the Applicable APY Rate varies linearly between the Low APY Rate and the High APY Rate.

• “Settlement Amount” means the total amount payable to the User at the Expiration Date, equal to the Investment Amount plus the Yield Amount.

• “Settlement Price” means the averaged index price of the relevant Underlying Index prices specified in the Order Terms on the OKX platform (as the Primary Source) between 15:30 (UTC+8) and 16:00 (UTC+8) on at the Expiry Date, as determined by OKX as Calculation Agent. In the event that the Settlement Price cannot be determined from the Primary Source, the Reference Price fallback provisions in the Master Terms shall apply.

• “Sharkfin Product” means the principal-protected, yield-enhancement structured product governed by these Product Terms.

• “Subscription Date” means the date on which the User’s Order is accepted and confirmed by OKX, in accordance with Clause 4.3.

• “Tenor” means the number of calendar days from (and including) the Interest Accrual Start Date to (and including) the Expiration Date, as specified in the Order Terms. For the avoidance of doubt, the Tenor for yield calculation purposes commences on the Interest Accrual Start Date (not the Subscription Date) and ends on the Expiration Date.

• “Underlying Index” means the price index published by OKX that is used to determine the Settlement Price, as specified in the Order Terms

• “Upper Barrier Level” means the higher of the two barrier prices, derived by applying the Upper Barrier Percentage to the Initial Reference Price.

• “Upper Barrier Percentage” means the percentage used to calculate the Upper Barrier Level, expressed as a percentage of the Initial Reference Price.

• “Yield Amount” means the yield payable to the User at the Expiration Date, calculated in accordance with Clause 4.5(a).

4. Sharkfin Product Service

The User shall be entitled to request to subscribe to one or more Sharkfin Products offered by OKX or its affiliates, through the OKX Platform or through other means made available by OKX to Users from time to time, pursuant to one or more subscription orders executed by the User from time to time (each, an “Order”).

4.1 Description of the Sharkfin Product

The Sharkfin Product is a principal-protected structured product that pays a variable yield upon expiry, depending on where the Settlement Price of a specified Digital Asset index falls at the Expiration Time relative to a pre-defined price range. If the Settlement Price falls within the Range (between the Lower Barrier Level and the Upper Barrier Level) at expiry, the User earns a yield that scales linearly from the Basic APY Rate to the High APY Rate depending on the position of the Settlement Price within the Range. If the Settlement Price falls outside the Range at expiry (whether above the Upper Barrier Level or below the Lower Barrier Level), the User earns the Basic APY Rate only. In all scenarios, the full Investment Amount is returned after the Expiration Date.

4.2 Order Terms

For each Sharkfin Product subscription, the Order Terms shall specify:(a) the Underlying Index;(b) the Direction (Bull or Bear);(c) the Investment Amount and Investment Currency;(d) the Lower Barrier Percentage and Upper Barrier Percentage (or, if available at the time of subscription, the Lower Barrier Level and Upper Barrier Level (in absolute USD or applicable currency terms);(g) the Basic APY Rate, Low APY Rate, and High APY Rate;(h) the Expiration Date;(i) the Interest Accrual Start Date (if different from the Subscription Date) and resulting Tenor for yield calculation;(j) the Expiration Time (if different from 16:00 UTC+8); and(k) any other terms as OKX deems necessary or appropriate.The Order Terms may be communicated to the User by way of a written term sheet, an in-app display, or such other form as OKX may make available from time to time. The Order Terms shall, together with these Product Terms and the Master Terms, constitute the full terms of each Order.

4.3 Interest Accrual Start Date and Subscription Process

The interest accrual period commences on the Interest Accrual Start Date (not the Subscription Date), as specified in the Order Terms. Accordingly, if the User subscribes before the Interest Accrual Start Date, no yield accrues on the Product during the period between the Subscription Date and the Interest Accrual Start Date.For Subscriptions initiated otherwise than through the OKX Platform, the subscription process set out in Clause 4.3 of the Master Terms shall apply.

4.4 Settlement at Expiry

On the Expiration Date, OKX shall determine the Settlement Price in accordance with Clause 4.6 and calculate the Settlement Amount in accordance with Clause 4.5. The settlement scenarios are as follows:

In all scenarios, the Investment Amount is returned in full in the Investment Currency. No conversion of the Investment Currency to any other Digital Asset or currency shall occur in any settlement scenario under a Sharkfin Product.

The Settlement Amount shall be credited to the User’s OKX funding account on the Expiration Date and in any event within two (2) Business Days following the Expiration Date, subject to the Settlement Disruption provisions of the Master Terms.

4.5 Applicable APY Rate and Yield Calculation

(a) Yield Amount Formula. The Yield Amount is calculated as follows: Yield Amount = Investment Amount × (Applicable APY Rate ÷ 100) ÷ 365 × Tenor (calendar days). The Yield Amount is denominated and payable in the Investment Currency.(b) Applicable APY Rate in the In-Range Scenario. In the In-Range Scenario, the Applicable APY Rate is calculated using linear interpolation between the Low-Yield End and the High APY Rate end of the Range, as follows:

1. For a Bull Product: Applicable APY Rate = Low APY Rate + ((Settlement Price − Lower Barrier Level)) ÷ (Upper Barrier Level − Lower Barrier Level)) × (High APY Rate − Low APY Rate)

2. For a Bear Product: Applicable APY Rate = Low APY Rate + ((Upper Barrier Level − Settlement Price) ÷ (Upper Barrier Level − Lower Barrier Level)) × (High APY Rate − Low APY Rate)

(c) Applicable APY Rate in the Out-of-Range Scenario. In both Out-of-Range Scenarios (whether Settlement Price is below the Lower Barrier Level or above the Upper Barrier Level), the Applicable APY Rate shall be the Basic APY Rate.(d) Fixed Rates. The Basic APY Rate, Low APY Rate, and High APY Rate are fixed at the time of acceptance of the Order (as specified in the confirmed Order Terms) and shall not vary during the Tenor, except as provided in Clauses 4.8 and 4.9.

4.6 Settlement Price Determination

4.6(a) The Settlement Price is used to determine the Applicable APY and is determined from the averaged index price of the relevant Underlying Currency Pair specified in the Order Terms on the OKX platform (as the Primary Source) between 15:30 (UTC+8) and 16:00 (UTC+8) on the Expiry Date, as determined by OKX as Calculation Agent. Prices on third-party exchanges are not used in the Settlement Price calculation.4.6(b) Averaging Disruption. If a Market Disruption Event affects the Underlying Index for some or all of the determination window, OKX shall, acting in good faith and in a commercially reasonable manner, either (i) compute the average over the unaffected observations only; or (ii) substitute an estimated value for the disrupted period based on the most appropriate available Underlying Index value or averaged value that best reflects the Underlying Index if there had been no disruption.

4.7 Early Unwind at User's Request

(a) The User may request an early unwind of a Product prior to the Expiration Date by submitting a written request to OKX through the communication channel specified in the Order Terms or otherwise agreed with OKX. OKX has sole and absolute discretion as to whether to accept any such request.(b) If OKX agrees to an early unwind, the settlement amount payable to the User shall be determined by OKX as Calculation Agent based on the mark-to-market value of the Product at the time of unwind, which may be materially less than the Investment Amount. The mark-to-market value shall reflect, among other factors, the remaining time to expiry, the prevailing price of the Underlying Currency Pair, implied volatility, and applicable unwind costs.(c) OKX shall provide the User with an indicative unwind price prior to execution. The User must confirm acceptance in writing before OKX proceeds. Once confirmed, the unwind is irrevocable.(d) OKX is under no obligation to agree to an early unwind. The User has no right to demand early redemption.

4.8 Disruption Events

If the Settlement Price cannot be determined from the primary source, the Reference Price fallback waterfall set out in the Master Terms shall apply to determine the applicable Settlement Price. In particular:(a) If an Extraordinary Event (including a protocol fork, hard fork, airdrop, change in consensus mechanism, or delisting of the Digital Asset) occurs during the Term, OKX as Calculation Agent may adjust the terms of the Product (including the Barrier levels, and the various APY rates) as necessary to preserve the economic terms, or if no adjustment is sufficient, terminate the Product in accordance with the Master Terms.(b) OKX shall not be liable for any loss arising from a Settlement Price determination made pursuant to the fallback provisions, subject to the standard of good faith and commercial reasonableness.

4.9 OKX-Initiated Termination

(a) OKX reserves the right to terminate this Service (including any specific Sharkfin Product) in advance at its sole discretion in any of the following circumstances:

• (i) Termination is required due to applicable regulatory requirements or changes in law;

• (ii) A force majeure event, Extraordinary Event, or Market Disruption Event renders OKX unable to continue to perform its obligations;

• (iii) A Settlement Price disruption cannot be resolved within the maximum postponement period under the Master Terms; or

• (iv) OKX otherwise determines, acting reasonably, that termination is necessary having regard to market conditions or the integrity of the Product.

(b) If OKX initiates early termination, it shall make reasonable efforts to notify the User in advance.(c) Upon OKX-initiated termination:

• the return of principal shall be at the mark-to-market value of the Product as determined by OKX as Calculation Agent in good faith and in a commercially reasonable manner, which may be less than the Investment Amount. OKX shall notify the User of the applicable settlement terms prior to or upon termination.

(d) If OKX determines that an Order Terms document contains a manifest error (including a clearly erroneous Barrier Level, APY rate, or tenor), OKX shall have the right to cancel the relevant Product. If cancelled, OKX shall promptly notify the User and return the Investment Amount in the Investment Currency.(e) Settlement amounts upon OKX-initiated termination shall generally be credited to the User's OKX funding account within two (2) Business Days following the termination date.

4.10 Auto-Renewal

(a) Auto-renewal allows the User to automatically reinvest the Investment Amount into the next available Sharkfin Product with the same bullish/bearish direction, Barrier Percentage levels and Reference Asset upon the first Sharkfin Product expiring. Auto-renewal applies to the Investment Amount only; Yield Amounts (if any) are paid out separately on the Expiration Date of each Product and are not reinvested.

(b) Auto-renewal is subject to the availability of a qualifying successor product and the applicable subscription quota. OKX does not guarantee that a successor product will be available or that the User’s auto-renewal will be accepted. If no qualifying successor product is available or the auto-renewal subscription is rejected, the Investment Amount shall be returned to the User’s OKX funding account.

(c) The APY rates applicable to a successor product subscribed through auto-renewal are the rates in effect for that successor product and will differ from the rates of the maturing Order. By enabling auto-renewal, the User acknowledges that the yield terms of the successor product may be materially different from the maturing Product.(d) Auto-renewal may not be available to all users and is not provided by default. OKX is not obliged to give reminders of auto-renewals occurring. Users who have instructed OKX to invest into any Sharkfin Product on an auto-renewal basis is required to disable auto-renewal at any time prior to the applicable deadline communicated by OKX for the relevant product cycle.

(d) Auto-renewal may not be available to all users and is not provided by default. OKX is not obliged to give reminders of auto-renewals occurring. Users who have instructed OKX to invest into any Sharkfin Product on an auto-renewal basis is required to disable auto-renewal at any time prior to the applicable deadline communicated by OKX for the relevant product cycle.

5. Risk Disclosure and Limitation of Liabilities

5.1 General

The general risk disclosures and limitation of liability provisions applicable to all structured products are set out in the Master Terms and are incorporated herein by reference. The following risk disclosures are specific to the Sharkfin Product and supplement (but do not replace) the risk disclosures in the Master Terms.

5.2 Sharkfin Product — Specific Risk Disclosures

(1) Principal Protection - at Maturity Only. While the Sharkfin Product is designed to return the Investment Amount in full at the Expiration Date in all scenarios, the principal protection applies only at the contractual maturity of the Product. It does not apply in the event of early unwind at the User’s request, and does not protect against counterparty risk (the risk that OKX is unable to perform its obligations). The principal protection feature does not guarantee any minimum yield.

(2) Yield Is Not Guaranteed at the High APY Rate. The Yield Amount payable at expiry depends entirely on where the Settlement Price falls within or outside the Range at the Expiration Time. In Out-of-Range Scenarios, the Applicable APY Rate is the Basic APY Rate, which may be materially lower than the High APY Rate and may in some cases be zero, and may be lower than yields that other products may provide. Even in the In-Range Scenario, the Applicable APY Rate is not fixed at the High APY Rate; it scales linearly between the Low APY Rate and the High APY Rate depending on the Settlement Price’s position within the Range. Users should not subscribe to a Sharkfin Product on the assumption that they will receive the High APY Rate.

(3) Opportunity cost. Once a Product is subscribed (regardless of whether the Interest Accrual Start Date has been reached), the Investment Amount is paid to OKX and the User will not be able to invest or trade this Investment Amount.

(4) No Secondary Market. There is no secondary market for Sharkfin Products. The User cannot transfer, sell, or assign the Product to any third party. Early exit is only possible via an early unwind, which is subject to OKX's sole discretion and may result in a settlement amount materially below the Investment Amount.

(5) Barrier Level values uncertain prior to Interest Accrual Start Date. At the time of subscribing for the Sharkfin Product, the actual dollar-value of each Barrier Level may be undetermined as it is based on the pre-agreed Barrier Level Percentage applied to the Initial Reference Price, the latter of which may not be available at the time of Subscription and is only determined at the Interest Accrual Start Date.

(6) Interest Accrual Start Date Risk. For Sharkfin Products with a Subscription Date prior to the Interest Accrual Start Date (typically the case for 3-day and 7-day products), no yield accrues during the gap between subscription and the Interest Accrual Start Date. Users should be aware of this gap when assessing the effective yield of the Product.

(7) Auto-Renewal Risk. If the User has enabled auto-renewal, the Investment Amount will automatically be reinvested into a successor product at the APY rates applicable to that successor product, which may be materially lower than the rates of the maturing Product. Users should actively monitor their auto-renewal status and revoke the instruction for auto-renewal if they do not wish to reinvest on the terms of the successor product.

(8) Tax Expenses. The Yield Amount and any other amounts received by the User under a Sharkfin Product may be subject to income tax, withholding tax, capital gains tax, or other taxes in the User’s jurisdiction. OKX does not provide tax advice. Users should consult their own tax advisers prior to subscribing.Users must have sufficient financial capability, experience, and willingness to bear all risks described herein. The Sharkfin Product is not suitable for all investors.

5.3 Limitation of Liability

(1) WITHOUT PREJUDICE TO THE LIMITATIONS OF LIABILITY SET OUT IN THE MASTER TERMS AND TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL OKX BE LIABLE TO THE USER FOR ANY LOST PROFITS, DELAY, LOST BUSINESS, OR FOR ANY CONSEQUENTIAL, INCIDENTAL, SPECIAL OR INDIRECT DAMAGES OF ANY KIND, WHETHER ARISING IN CONTRACT, TORT OR OTHERWISE, IN CONNECTION WITH ANY PRODUCT.

(2) You agree and accept that OKX shall not be liable for losses arising from: service suspension for maintenance; cyber attacks or security breaches; telecommunications failures; force majeure events; regulatory changes; blockchain network congestion or protocol failures; or any other event beyond OKX's reasonable control.

(3) The aggregate liability of OKX under or in connection with these Terms shall not exceed the total fees (if any) received by OKX from you in connection with the relevant Product.

6. Mandatory Measures

You agree and accept that OKX strictly prohibits unfair trading practices. OKX reserves the right to exercise control over your account or close your account if you engage in any of the following:

(1) Market manipulation or any other malicious market behaviour;

(2) Harming or attempting to harm other users or OKX by exploiting loopholes or vulnerabilities of the Service;

(3) Participation in any activities that OKX regards as potentially harmful to the market; and/or

(4) Violation of applicable laws and regulations.

OKX reserves the right to take such measures at its sole discretion, including closing your account and/or cancelling your orders. OKX shall not be liable for any losses incurred in connection with such measures.

7. Indemnification

7.1 You shall take all reasonable steps to protect OKX and its affiliates from damages or losses arising from your use of the Service or actions related to your OKX account.

7.2 You hereby agree to release, defend, indemnify and hold OKX and its affiliates harmless from any claim or demand (including reasonable legal fees) made by any third party against OKX arising from your breach of these Terms, your improper use of this Service, your violation of any applicable laws or regulations, or the rights of any third party.

8. No Business, Legal, Financial or Tax Advice

OKX is not your broker, dealer, agent or consultant and does not have a fiduciary relationship with or duty towards you in respect of any Sharkfin Product. No information provided by OKX shall be deemed business, legal, financial or tax advice. You shall determine whether any Product is appropriate for you based on your own investment objectives, financial condition and risk tolerance, and shall be solely responsible for all losses and liabilities arising from your subscription. You should consult your own financial, legal and tax advisers as appropriate before subscribing.

9. Third Party Website Disclaimer

Any links to third party websites in OKX Services do not constitute an endorsement of any products, services or information provided therein. OKX shall not be liable for any losses arising from your use of third party products and services. OKX and each third party website are independent legal entities.

10. Governing Law

These Terms, your use of the Services, any claim, counterclaim or dispute of any kind or nature whatsoever arising out of these Terms, directly or indirectly, shall be governed by, and construed in accordance with the laws of England and Wales without regard to the principles of conflicts of laws thereof.

11. Jurisdiction and Dispute Resolution

11.1 You acknowledge and agree that in the event of any dispute, controversy, difference or claim, including the existence, validity, interpretation, performance, breach or termination of the Terms or any dispute arising out of or relating to the Terms (“Dispute”), the parties shall first refer the Dispute to proceedings at the Hong Kong International Arbitration Centre (“HKIAC”) in accordance with HKIAC’s Mediation Rules in force for the time.

11.2 If the Dispute has not been settled upon the signing of a settlement agreement within ninety (90) days following the filing of a request for mediation set forth in Clause 11.1, such Dispute shall be referred to and finally resolved by arbitration administered by the HKIAC) under the HKIAC Administered Arbitration Rules in force when the Notice of Arbitration is submitted. The law of this arbitration clause shall be the laws of the Hong Kong Special Administrative Region of People’s Republic of China (“Hong Kong”).

11.3 You agree that the seat of arbitration shall be Hong Kong. The number of arbitrators shall be three (3). OKX shall appoint one (1) arbitrator and you shall appoint one (1) arbitrator. The third arbitrator shall be appointed by the Chairman of the HKIAC. Such arbitrators shall be freely selected, and the parties shall not be limited in their selection to any prescribed list. The arbitration proceedings shall be conducted in English.

11.4 You agree that OKX shall not be required to give general discovery of documents, but may be required only to produce specific, identified documents which are relevant and material to the outcome of the Dispute.

11.5 Any arbitral award shall be final and binding upon the parties hereto and shall be enforceable in any competent court which has jurisdiction.

12. Miscellaneous

12.1 OKX reserves the right to unilaterally modify these Terms at any time without prior notice. Revised Terms shall be posted on OKX's website. Your continued use of or access to the Service following the posting of any changes constitutes acceptance. If you do not accept the revised Terms, please stop using the Service.

12.2 Unless otherwise instructed by OKX, formal communications shall be made through the OKX Support Center. Formal communications shall be in English; in any discrepancy between English and a foreign-language version, the English version prevails.

12.3 If any provision of these Terms is invalid, illegal or unenforceable, the remaining provisions shall not be affected. The invalid provision shall be modified to the minimum extent necessary to make it enforceable, or if not possible, severed.

12.4 No failure or delay by OKX in exercising any right under these Terms shall operate as a waiver.

12.5 You shall not transfer, novate or assign these Terms or any rights hereunder without OKX's prior written consent. OKX may transfer, novate or assign any rights or obligations under these Terms by written notice to you.

12.6 The headings in these Terms are for convenience only and shall not affect interpretation.

12.7 In the event of any discrepancy between the English version of these Terms and any foreign-language translation, the English version shall prevail.

12.8 OKX has sole and final discretion in the interpretation of these Terms.