Home web3.0 How to play the okex delivery contract

How to play the okex delivery contract

Jul 02, 2024 pm 12:17 PM
cryptocurrency digital currency mobile application Huobi

Steps to play OKEx delivery contracts: 1. Register an OKEx account; 2. Understand and select the contract type; 3. Deposit; 4. Enter the contract trading page; 5. Select the contract; 6. Set trading parameters; 7. Place an order; 8. Manage positions; 9. Withdraw cash. Tip: Contract trading risks are high. Understand the risks and set leverage appropriately, use stop-profit and stop-loss, gradually build positions, and look for trading opportunities.

How to play the okex delivery contract

OKEx Delivery Contract Trading Guide

How to play OKEx Delivery Contract?

Playing with OKEx delivery contracts requires the following steps:

  1. Create an account
    Register an OKEx account: (www.okex.com)
  2. Understand the contract types
    Identify the differences between Huobi contracts and digital currency contracts.
  3. Deposit
    Deposit fiat currency or cryptocurrency.
  4. Enter the contract trading page
    Navigate to the contract trading page on the OKEx website or mobile app.
  5. Select Contract
    Select the contract type and underlying asset.
  6. Set trading parameters
    Set leverage, order type and order price.
  7. Place an order
    Enter the transaction parameters and confirm the order.
  8. Manage positions
    Adjust leverage, close positions, or set stop-profit and stop-loss.
  9. Withdrawal
    After completing the transaction and making a profit, withdraw funds.

Tip:

  • Understand the risks: Assess potential risks.
  • Set leverage appropriately: amplifying profits or causing liquidation.
  • Take profit and stop loss: protect profits and limit losses.
  • Build positions gradually: reduce risk.
  • Find trading opportunities: analyze trends and indicators.

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