How to deliver the okex contract

OKEx contract delivery method depends on the contract type. 1. Perpetual contracts have no physical delivery and are settled according to the funding rate every 8 hours. 2. The delivery contract provides physical delivery or cash settlement. The physical delivery process includes pre-delivery preparation, physical delivery or cash settlement on the delivery day.

OKEx Contract Delivery Guide

Contract Delivery Definition:

On the OKEx trading platform, contract delivery refers to the process of physical delivery or cash settlement after the contract expires.

Delivery methods of different contract types:

1. Perpetual contract:

• No physical delivery
• Funding rate settlement

2. Delivery contract:

• Physical delivery or cash settlement
• Physical delivery: On the expiry date of the delivery contract, investors can choose physical delivery
• Cash settlement: Settled based on the difference between the underlying price and the contract price

Delivery process:

1. Delivery contract:

• Preparation before delivery: Ensure account There are enough available assets
• Delivery date: You can choose physical delivery or cash settlement
• Physical delivery: Physical asset delivery according to the OKEx address
• Cash settlement: Cash settlement based on the price difference

2. Perpetual contract:

• Funding rate settlement: settled every 8 hours
• Funding rate adjustment: adjusted according to supply and demand, keeping consistent with the underlying price

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