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<div data-lark-html-role="root">KTX is a globally oriented, innovative cryptocurrency exchange committed to delivering a top-tier trading experience, unparalleled security, and seamless asset management. We recognize the rapid evolution and diverse needs of the crypto industry, creating a highly flexible, smooth, and MEME-friendly trading environment that empowers users to seize market opportunities and unlock the full potential of digital assets. With a user-centric approach, KTX prioritizes transparency and customer satisfaction, ensuring that traders of all levels, from beginners to seasoned professionals, can navigate the platform with ease. Our team comprises industry experts dedicated to advancing blockchain technology and expanding accessibility to digital currencies worldwide. By fostering a community of like-minded enthusiasts and providing cutting-edge tools and resources, KTX aims to inspire confidence and drive innovation in the ever-evolving world of cryptocurrency trading. Join us as we shape the future of finance, one transaction at a time.</div>
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Optimism

Optimism is the first Ethereum L2 to develop an Optimistic Rollup solution compatible with the Ethereum Virtual Machine (EVM). Parallel to Ethereum, Optimism is able to process transactions at scale while inheriting the security of Ethereum.
Optimistic Rollup gets its name from the way transactions are processed. By default, transactions are optimistically assumed to be accurate and no calculations are performed. It relies on anti-fraud mechanisms to ensure the legitimacy of transactions. Validators (anyone running an Optimism "full node") are able to challenge the validity of transaction proposals submitted by sequencers, which Rollup will then check by performing computations on transactions on Ethereum. Transaction proposals can be challenged during the challenge period, which Optimism sets to 1 week, before being finalized and submitted to the Ethereum mainnet.
If the proposal turns out to be fraudulent, the validators are rewarded and the sequencer is punished. Rewards are taken from the bound ERC-20 token pool that the sequencer needs to bind. In the case of Optimism, the required token is ETH. This creates an incentive mechanism where validators are incentivized to catch bad actors and sequencers are incentivized to only submit accurate transaction proposals. Fraudulent proposals are removed and correct proposals are finalized. The transaction itself is not reverted, only the fraudulent proposal result of the transaction is removed.
Optimism has 4 main benefits: EVM equivalence, data safety, speed, and cost.
Optimism is one of the most EVM-compatible chains, and its focus is to go a step further and be EVM-equivalent. Optimism is able to support any Ethereum application using its Optimistic Virtual Machine (OVM), which is an EVM-compatible virtual machine. Developers are able to deploy any Ethereum-based dApp onto Optimism with few architectural changes. This allows decentralized applications (dApps) built on Ethereum to be seamlessly integrated on Optimism.
Unlike sidechains like Ronin (which Axie infinity employs) which have their own security while running independently, rollups like Optimism get their security from the Ethereum mainnet. Transactions are processed on Optimism, but the transaction's data is written and stored on Ethereum. This allows Optimism to inherit the security of Ethereum while maintaining scalability.
Computation is the slow and expensive part of using Ethereum. By not counting transactions by default, Optimism is able to achieve 10-100x scalability improvements depending on the nature of the transactions. Optimism features near-instant trade finality, enabling users to check the results of their trades almost instantly. Optimism transactions are also cheap, at a fraction of the cost of Ethereum transactions. Currently, Optimism&rsquo;s base transfer fee is $1.66, while Ethereum&rsquo;s base transfer fee is $8.77 (see real-time fees here). The Optimism team estimates that they have collectively saved over $335 million in gas fees across transactions processed on the network.

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1. API Usage Responsibility: The individual operator acknowledges and confirms that binding the trading API is for executing contract trades. All transactions executed via the API are independent of the order recipient’s decisions, and the order recipient assumes full responsibility for the trading results.

2. Security: The order recipient is responsible for safeguarding their API key. Unauthorized access or use may result in financial loss. Brokers must immediately notify the platform in writing of any unauthorized use.

3. Trading Risks: Using the trading API involves market risks, including but not limited to price fluctuations and slippage. Leaders should independently assess market risks. Individual members should also independently assess market risks, and the platform bears no responsibility for losses caused by market fluctuations.

4. Technical Issues: The use of the trading API may be affected by technical issues, including but not limited to system failures and network interruptions. The platform is not responsible for losses resulting from technical issues.

5. API Key Protection: The order recipient must properly safeguard their API key and not share it with any third party. Any loss caused by the leakage of the API key shall be borne by the order recipient.

6. Compliance: Leaders using the API must comply with all applicable laws and regulations. Violations may result in the termination of the order recipient’s qualification.

7. API Privileges: Leaders acknowledge and agree that the privileges granted by API binding will allow contract trading execution. The platform is not responsible for losses caused by the improper use of API privileges.

8. Disclaimer Changes: The platform reserves the right to modify the disclaimer at any time. Changes will be notified by the platform. By continuing to use the API, the order recipient agrees to any modifications to the disclaimer.

I have read, understood, and agreed to all the terms of the above disclaimer.

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