Investor Notice:

The innovative digital financial derivatives options trading (hereinafter referred to as "Innovative Options Trading") service provided by the OKG trading platform (hereinafter referred to as "the Platform") carries certain risks. Therefore, users must carefully read and agree to this agreement before activating and using the Innovative Options Trading service. Your use of this service will be deemed as your full understanding and agreement to this agreement and the risks of Innovative Options Trading.

Foreword

This agreement aims to disclose the investment risks of innovative digital asset options trading to investors and to help investors assess and determine their own capabilities. Given the inherent investment risks, investors should carefully read this agreement before engaging in any innovative options trading. They must ensure they understand the nature and rules of the innovative options trading and decide whether to participate based on their own investment experience, objectives, financial situation, and risk tolerance. Investors should consult financial, legal, and other independent professional advice before applying to conduct innovative options trading.

Innovative Options Design Concept

Innovative options trading is a novel financial derivative for hedging digital asset risks. It is characterized by simplicity, flexibility, and high operability, providing investors with a new type of digital asset risk hedging product.

Investors can utilize innovative options trading to execute trades in a specific direction with limited and controllable risk exposure. With a clear expected return, innovative options trading simultaneously offers trading diversity and multiple potential returns. Each time an innovative option is purchased, the investor also clearly knows the amount of potential profit.

As is well known, digital assets are financial derivatives with extremely volatile prices. Currently available hedging financial derivatives, such as futures contracts, are limited by factors such as fairness, trading volume, and time costs, and cannot fully hedge against the risks arising from the price volatility of digital assets.

Innovative options trading not only possesses the risk management and portfolio advantages of the nonlinear profit and loss structure of traditional financial market options trading, but also incorporates the characteristics of digital assets, providing investors with comprehensive professional risk management strategies in high-risk markets.

Innovative Options Trading Rules

1. Innovative options use prices from five globally renowned digital asset exchanges to generate the corresponding currency's token price. The index composition and weighting are as follows:

Exchange Platform | Weighting Percentage | Benchmark Unit

Binance | 20% | USDT

Kraken | 20% | USD

Okex | 20% | USDT

Huobi | 20% | USDT

Coinbase | 20% | USD

2. The token price is valid only if there are at least three exchanges with valid weighting; otherwise, it is considered invalid. This platform will periodically adjust the index composition and weighting based on real-time trading data from the five major exchanges to ensure data validity and fairness, and will publish adjustments through announcements. Note: Any changes to the index composition and weighting of the marked price in innovative options trading will be announced publicly on this platform.

3. Due to the lack of uniformity in price precision among the five major exchanges, the system has agreed on the price precision of options products. If the price precision of a particular exchange differs from the system's agreement, a rounding-off method will be used. For example, the price precision of BTC options is two decimal places. If a price on a particular exchange is 9000.1234, then after processing, the price used in the effective calculation will be 9000.12.

4. Current option terms: 30-second, 60-second, 3-minute, 1-day, 2-day, and 3-day options.

5. Yield:

The expected yield of the option will be clearly stated when the investor purchases the innovative options.

Users can hedge market risk as needed, provided they have a predetermined expected rate of return.

For example: Purchasing a 100 USDT 5-minute BTC bullish option with a 70% return, and if the option settles at a higher price, the profit will be 170 USDT (including the principal).

6. Settlement Time: The option's daily settlement begins at 00:00 GMT.

For example: A 1-minute option starts at 00:00:00, and settles at 00:01:00, and so on.

7. Purchase Time

For example: A current 1-minute option starts at 00:30:00, and settles at 00:31:00, and so on.

8. Handling of Abnormal Situations: If data acquisition fails due to network delays or interruptions, data anomalies from third-party exchanges, or data calculation errors occur due to trading system malfunctions, the options trade may fail to settle. You understand and agree that options trades affected by the above situations will be deemed invalid, and the digital assets used to purchase the aforementioned options will be returned to the user's trading account free of charge.

9. Amount Limits: Each cryptocurrency has minimum and maximum purchase limits. Specific amount limits are subject to the actual trading page.

10. Settlement Results: OKG Exchange will settle on May 28, 2020. From 00:00 (GMT+8), the following criteria for determining the settlement of innovative options trading will be implemented:

Deliverable Options Call Option Put Option
30S |Increase|>0.005% |Decrease|>0.005%
60S |Increase|>0.03% |Decrease|>0.03%
3M |Increase|>0.04% | Decrease| > 0.04% 24H | Increase| > 0.05% | Decrease| > 0.05% 48H | Increase| > 0.06% | Decrease| > 0.06% 72H | Increase| > 0.07% | Decrease| > 0.07% Currently, the innovative options trading options can be selected as call or put. After this adjustment to the judgment criteria, the judgment criteria for price increases, decreases, and flat rates will differ for different delivery periods. Please refer to the table above.

Bullish: The price of the corresponding currency pair at the time of settlement must increase relative to its opening price, and the absolute value of the increase must exceed the percentage shown in the table.

Putty: The price of the corresponding currency pair at the time of settlement must decrease relative to its opening price, and the absolute value of the decrease must exceed the percentage shown in the table.

Note: Options purchased before the implementation of this new standard will still be settled according to the original rules.

Existing Risks

1. Price Volatility Risk

As a special type of digital asset financial derivative with investment value, innovative options trading is affected by multiple factors, resulting in volatile prices. Investors often struggle to fully grasp these factors in practice, leading to potential investment errors. Failure to effectively control these risks can result in substantial losses, which investors must bear solely.

2. Trading Risks

(1) Once a trade is executed within this platform's trading system, it is irrevocable. Investors must accept the risks inherent in this arrangement.

(2) This platform does not guarantee profits to investors and will not share profits or risks with them. 3. Policy and Regulatory Risks

Innovative options trading may face policy and regulatory risks in different countries or regions. Investors should understand the regulatory policies of their trading region before trading and make prudent judgments accordingly.

4. Other Potential Risks

(1) The relevant trading rules of innovative options trading, including but not limited to index composition and weight adjustments, expiration dates, and product rules, may be modified according to actual business operations. If the platform needs to modify the relevant trading rules due to special circumstances, it will be deemed to have fulfilled its obligation to inform users after issuing an adjustment announcement. Users need to check and adjust their trading strategies in a timely manner. Any gains or losses arising or potentially arising as a result shall be enjoyed or borne by the user. (2) Using an internet-based trading system also carries risks, including but not limited to software, hardware, and internet link failures. This platform cannot control the reliability and availability of any internet connection; therefore, this platform assumes no responsibility for network distortion, delays, or link failures.

(3) All transaction calculation results will be verified by this platform, and all calculation methods have been published on this platform's website. However, this platform cannot guarantee that the website will be free from interference or errors.

Special Notes:

1. Innovative options trading is a highly risky digital asset financial derivative. Before participating, investors must thoroughly understand the basic knowledge of financial derivatives trading, the associated risks, and all relevant business rules for participating in innovative options trading. Investors must carefully read and agree to the "OKG User Agreement" and the "Innovative Options Trading Agreement," and acknowledge and fully assume all trading risks arising from strong fluctuations in digital asset prices.

2. The above risks are merely illustrative and do not exhaustively list all risk factors related to digital asset derivatives trading. Before participating in digital asset derivatives trading, investors should also carefully understand and grasp other potential risk factors. If, based on reasonable commercial judgment, this platform believes that you have violated this agreement, or that you are prohibited from using the services provided by this platform under the laws of your country or region, or that you are using the services provided by this platform to engage in illegal or criminal activities, this platform has the right to temporarily or permanently freeze your account at any time, or suspend or terminate your use of all or part of the digital asset trading services provided by this platform.

III. The prerequisite for the mark price to take effect is: a valid weighted exchange of ≥3. Otherwise, the option transaction may fail to complete the settlement. You understand and agree that option transactions affected by the above circumstances will be deemed invalid transactions, and the digital assets used to purchase the above options will be returned to the user's trading account free of charge. This platform will periodically adjust the index composition and weighting based on real-time trading data from the five major exchanges to ensure data validity and fairness, and will publish these adjustments through announcements.

IV. Any opinions, messages, discussions, analyses, prices, suggestions, chat room content, information, and KOL articles on this platform are general market commentary and do not constitute investment advice. This platform is not liable for any direct or indirect losses incurred by users relying on such information, including but not limited to any profit losses.

5. All unethical or illegal trading activities, including malicious market manipulation and unfair trading, are prohibited on this platform. If such activities are discovered, this platform will take preventative protective measures against all users who maliciously manipulate prices or interfere with the trading system, such as warnings, trading restrictions, and account closures. This platform will not bear any responsibility arising therefrom and reserves the right to pursue legal action against the relevant parties.

VI. Transaction Monitoring

This platform will set and adjust daily transaction and withdrawal limits based on security and actual transaction conditions.

If transactions frequently occur concentratedly among a particular registered user, or if a transaction or certain transactions exhibit unusual behavior, the platform's professional team will assess and determine whether they are suspicious.

When the platform determines a transaction or certain transactions to be suspicious based on its own judgment, it may take restrictive measures such as suspending or refusing such transactions, or even canceling such transactions that have already occurred, while simultaneously reporting to the relevant authorities without further notice.

This platform reserves the right to refuse registration applications from investors from jurisdictions that do not meet international anti-money laundering standards or from individuals who may be considered political figures. At the same time, based on its own reasonable business judgment, this platform reserves the right to suspend or terminate any suspicious transactions at any time without assuming any responsibility or obligation.