The NAV Pooled Account User Agreement (the “Agreement” or “Terms”) outlines the legal framework governing your use of the NAV pooled account service (the “Service”) offered by OKX. This comprehensive guide is designed to ensure clarity, transparency, and compliance while enhancing your understanding of rights, responsibilities, and risks involved.
Whether you're exploring digital asset management through third-party trading teams or evaluating the platform’s risk controls, this document serves as a foundational resource. Below, we break down each section for improved readability, SEO optimization, and user comprehension.
Overview of the Service
The NAV pooled account service enables users to deposit digital assets into collective investment pools managed by third-party trading teams. OKX functions solely as a technological platform provider—facilitating access, execution, and settlement—without acting as an advisor or participant in any investment decisions.
👉 Discover how pooled accounts can enhance your digital asset strategy with secure, transparent tools.
By accessing or using the Service, you confirm that you have read, understood, and agreed to all terms herein. These Terms are legally binding between you and OKX and supplement the OKX Terms of Service, which remain applicable unless explicitly overridden.
Key Integration Points:
- Core Keywords: NAV pooled account, digital asset management, third-party trading teams, OKX platform, risk disclosure, cryptocurrency investment, decentralized finance (DeFi)
- These keywords are naturally embedded throughout to align with search intent and improve discoverability.
Eligibility Requirements
To participate in the Service, you must meet specific eligibility criteria:
- You agree to comply with the OKX Terms of Service.
- You possess sufficient knowledge and risk tolerance for non-guaranteed cryptocurrency products.
- You are capable of performing online transactions independently.
- You affirm that your digital assets are legally sourced and fully owned by you.
- You commit to using the Service only for lawful purposes.
You also acknowledge that you must assess your financial situation and investment goals before engaging with any trading team. If uncertain, seeking independent financial advice is strongly recommended.
Prohibited Activities Include:
- Money laundering, fraud, terrorist financing
- Market manipulation or data breaches
- Illegal gambling or extortion
OKX reserves the right to restrict or terminate accounts involved in suspicious or prohibited behavior.
Risk Management Framework
OKX implements robust risk mitigation mechanisms to protect user interests and maintain market integrity:
- Tiered Maintenance Margin Ratio: Helps prevent excessive leverage exposure.
- Auto-Deleveraging (ADL): Reduces systemic risk during volatile market conditions.
- Forced Repayment Mechanism: Addresses undercollateralized positions promptly.
These protocols form an integral part of this Agreement. OKX may update or introduce additional measures at any time. Material changes will require your acceptance before continued use of the Service.
Additionally, OKX may cancel orders or close positions if they pose systemic risk to other users.
Using the NAV Pooled Account Service
How It Works
You can deposit digital assets into a pool managed by a selected trading team. Your assets are combined with those of other users (“Pooled Assets”) and traded according to the team’s strategy.
Important Notes:
- OKX does not recommend or endorse any trading team.
- Trading teams set their own rules regarding minimum deposits, lock-up periods, redemption windows, fees, and expected returns.
- Your share of profits or losses is proportional to your contribution to the pool.
You irrevocably authorize OKX to transfer your digital assets to third-party trading team accounts for management purposes.
Subscription & Redemption Process
- Subscriptions become effective upon settlement. Selections are final and cannot be reversed.
- Profit and Loss (PnL) accrues from T+1 after settlement and is reflected in the Net Asset Value (NAV).
- Redemptions are processed upon request. Funds, including earned PnL, typically arrive within 48 hours after the redemption settlement date.
Please note: During the processing period, no further instructions can be made on redeemed assets. Delays may occur due to high volatility, network congestion, or technical issues. The displayed arrival time on the platform is final.
👉 Maximize your investment potential with advanced tools built for modern crypto investors.
Risk Disclosure and User Responsibilities
Digital assets are inherently volatile. Using this Service involves significant risks, including:
- Losses due to trading strategies employed by third-party teams
- Inability to access or trade locked assets
- Sudden price fluctuations leading to partial or total loss
- Technical failures affecting transaction execution
- Unpredictable market anomalies
- Policy changes made by OKX to ensure market stability
Past performance is not indicative of future results. OKX makes no guarantees about returns or capital preservation.
You are solely responsible for:
- Evaluating your risk tolerance and financial capacity
- Monitoring technological changes affecting digital assets
- Ensuring compliance with local laws
- Verifying all transactions within 14 days of statement availability
OKX is not liable for losses arising from these risks.
Representations and Warranties
You represent and warrant that:
- Your digital assets are legally sourced and undisputed in ownership.
- Assets are free from liens, mortgages, or encumbrances.
- No legal proceedings or freezes affect your assets.
- You will not infringe on OKX’s rights.
- You are not listed on any government or international sanctions list.
- You will notify OKX immediately if any warranty becomes inaccurate.
Failure to uphold these warranties may result in service suspension and indemnification obligations.
Limitation of Liability
General Disclaimer
The Service is provided “as is” and “as available.” OKX disclaims all express or implied warranties, including merchantability, fitness for a particular purpose, accuracy, reliability, or non-infringement.
Some jurisdictions do not allow exclusion of implied warranties; therefore, this limitation may not apply universally.
Exclusions
Nothing in these Terms limits liability for:
- Fraud or gross negligence
- Death or bodily injury
- Violations of mandatory laws
User Assumption of Risk
You expressly accept full responsibility for:
- Market volatility and liquidity risks
- Smart contract and oracle vulnerabilities
- Legal and regulatory uncertainty
- Force majeure events (e.g., natural disasters, war)
OKX is not liable for indirect losses, lost profits, or delays caused by system interruptions—even if due to cyberattacks, technical failures, or government actions.
You also accept that OKX may modify these Terms at any time without prior notice. Continued use constitutes acceptance of updates.
Indemnification
You agree to defend, indemnify, and hold harmless OKX from any claims arising from:
- Breach of these Terms
- Unauthorized use of your account
- Violation of laws or third-party rights
- Misuse of the Service
This includes covering reasonable legal fees incurred by OKX in defending such claims.
No Financial or Legal Advice
No content provided by OKX constitutes business, legal, tax, or investment advice. OKX does not act as your broker, agent, or fiduciary. You must consult independent professionals before making financial decisions.
OKX does not recommend buying, selling, or holding any digital assets. All decisions are yours alone.
Third-Party Website Disclaimer
Links to external sites are for convenience only. OKX does not endorse, control, or guarantee the accuracy of third-party content. Use at your own risk. Each third-party site operates under its own terms and privacy policies.
Governing Law and Dispute Resolution
Governing Law
These Terms are governed by the laws of England and Wales, without regard to conflict-of-law principles.
Arbitration Process
Disputes will first undergo mediation via the Hong Kong International Arbitration Centre (HKIAC). If unresolved within 90 days, arbitration proceeds under HKIAC rules.
Key Details:
- Seat: Hong Kong
- Language: English
- Panel: Three arbitrators (one appointed by each party; third by HKIAC Chair)
- Discovery: Limited to specific, relevant documents
- Outcome: Final and enforceable globally
Miscellaneous Provisions
- All referenced policies and system rules are part of these Terms.
- OKX may modify these Terms unilaterally; continued use implies acceptance.
- Formal communications should be in English via email ([email protected]).
- If any clause is invalid, the rest remain enforceable.
- You may not assign your rights without OKX’s written consent.
- Headings are for reference only.
- In case of translation discrepancies, the English version prevails.
- OKX retains sole discretion in interpreting these Terms.
Frequently Asked Questions (FAQ)
Q: What is a NAV pooled account?
A: A NAV (Net Asset Value) pooled account allows multiple users to combine digital assets into a shared investment pool managed by a third-party trading team. Returns are distributed based on individual contributions.
Q: Does OKX manage my investments?
A: No. OKX provides only the technology platform. Investment decisions are made entirely by independent trading teams. OKX does not offer financial advice or guarantees.
Q: Can I withdraw my funds anytime?
A: Redemption depends on the terms set by the trading team. While requests are usually processed within 48 hours post-settlement, lock-up periods may apply.
Q: Who bears the investment risk?
A: You assume all risks related to market volatility, trading strategies, technical failures, and regulatory changes. OKX is not liable for losses.
Q: How are profits calculated?
A: Profits (or losses) accrue from T+1 after subscription settlement and are reflected in the NAV. Distribution follows team-specific rules.
Q: What happens if OKX updates these Terms?
A: Material changes will be posted on the website. Continued use of the Service constitutes acceptance. Regularly review the latest version.