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How many times does Ouyiokex contract

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Release: 2024-07-22 11:23:02
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The OKEx contract provides a leverage multiple of up to 125 times. The specific settings are as follows: Perpetual contract: up to 125 times. Delivery contract: up to 20 times. Option contract: no leverage

How many times does Ouyiokex contract

Maximum leverage multiple of the OKEx contract

OKEx contracts provide leverage up to 125 times, providing users with greater trading flexibility.

The meaning of leverage multiplier

Leverage multiplier refers to the multiple times a trader can use borrowed funds to trade. For example, a leverage of 10x means that a trader can trade with 10x their margin.

Benefits of Leverage

  • Magnified Returns: Higher leverage can magnify the potential returns in a transaction.
  • Saving Margin: Traders can use less margin to conduct larger trades, thus reducing transaction costs.

Risks of Leverage

  • Amplified Losses: Higher leverage will also magnify potential losses in trading.
  • Liquidation risk: If the trading loss exceeds the margin, the trader may be liquidated, resulting in the loss of all funds.

Notes on choosing leverage multipliers

When choosing leverage multipliers, traders should consider the following factors:

  • Trading experience: High leverage is not recommended for novice traders.
  • Risk tolerance: Traders should choose the leverage multiple based on their risk tolerance.
  • Market Volatility: In volatile markets, high leverage is not recommended.
  • Trading varieties: The leverage multiples of different trading varieties may be different.

OKEx contract leverage multiple setting

OKEx contract leverage multiple varies according to the trading type, as follows:

  • Perpetual contract: up to 125 times
  • Delivery contract: up to 20 times
  • Options Contract: No Leverage

Reminder

Trading using leverage involves potentially high risks. Traders should use leverage with caution and only with a full understanding of its risks.

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