How to create a sub-account in the currency circle? Sub-account creation tutorial

Corporate trading weapon: Detailed explanation of the creation and usage of cryptocurrency exchange sub-accounts

In cryptocurrency trading, many exchanges provide sub-account functions to facilitate investors to conduct more refined asset management and risk control. The sub-account is an independent account under the main account, which usually supports currency trading, leveraged trading, contract trading and strategy trading, but does not support direct withdrawal of coins. This article will explain in detail how to create and use sub-accounts on Ouyi Exchange.

Sub-account creation tutorial (European Exchange as an example):

1. Login in Ouyi's official website and enter the sub-account management page: After logging in to your Ouyi account, click "Personal Center" in the upper right corner of the page, find "Sub-account" and click "Create Sub-account".

2. Fill in the sub-account information: Set the sub-account login name and login password, select the account type, and set asset recharge rules as needed. After confirming that it is correct, click "Submit".

3. Verify identity: Enter the SMS verification code and Google verification code, and click "OK" to complete the creation of the sub-account. Please note that the sub-account rate level will inherit the main account level after 24:00 (HKT) on the day of creation.

4. Fund transfer: After successful creation, you can click the "Fund transfer" button to transfer the main account funds to the sub-account for transactions. The number of sub-accounts that can be created by different user levels is different. Please refer to the "Level Permissions" information on the page. Ordinary users can usually create 3 sub-accounts.

Detailed explanation of sub-account concept:

Sub-account is an independent trading account associated with the main account, with an independent account number and password. It inherits the rate level and KYC information of the main account, but the funds cannot be withdrawn directly and need to be transferred back to the main account first. The independence of sub-accounts helps users conduct more refined risk management and strategy testing, improving transaction efficiency and security.

Summary:

Sub-accounts are a powerful tool in currency trading that can help investors better manage funds and risks. Before using a sub-account, be sure to carefully read the relevant rules of the exchange and ensure that you have a full understanding of cryptocurrency trading. New investors should fully understand the relevant rules and risks before conducting any transaction.

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