Contract

Text

What is the maximum opening volume of OKEx perpetual contract?

OKEx's perpetual contracts for Bitcoin (BTC) have a maximum opening volume of 10,000 contracts per order, allowing traders to open positions with a total notional value of up to 100,000 BTC.

Oct 22, 2024 at 03:06 pm

Maximum Opening Volume of OKEx Perpetual Contract

OKEx, a leading cryptocurrency exchange, offers perpetual contracts to enable traders to speculate on the future price movements of cryptocurrencies without the need for physical delivery. These contracts have a maximum opening volume, which refers to the maximum number of contracts that can be opened in a single order.

1. Different Contract Types

OKEx offers perpetual contracts for various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). Each contract type has its own maximum opening volume, which varies depending on market liquidity and other factors.

2. Maximum Opening Volume for Bitcoin Perpetual Contract

The maximum opening volume for the BTC perpetual contract is currently 10,000 contracts per order. This means that traders can open new positions with a maximum total notional value of 100,000 BTC.

3. Maximum Opening Volume for Ethereum Perpetual Contract

The maximum opening volume for the ETH perpetual contract is currently 100,000 contracts per order. This translates to a maximum notional value of 100,000 ETH per position.

4. Maximum Opening Volume for Litecoin Perpetual Contract

The maximum opening volume for the LTC perpetual contract is currently 50,000 contracts per order. This equates to a maximum notional value of 50,000 LTC per position.

5. Market Conditions and Adjustments

The maximum opening volume for perpetual contracts can be adjusted based on market conditions and liquidity. OKEx regularly reviews and adjusts these limits to ensure fair and orderly trading.

6. Risk Management

Traders should exercise caution when opening positions with the maximum allowed volume. Proper risk management practices, such as using stop-loss orders and managing leverage, are crucial to mitigate potential losses.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

SHOGGOTH

$0.1366

73.21%

Trade Now
LUNA

$0.0865

55.61%

Trade Now
DEGEN

$0.0248

34.97%

Trade Now
BULL

$0.0810

34.45%

Trade Now
GODS

$0.2201

27.77%

Trade Now
TON

$1.94

26.23%

Trade Now

Latest Crypto News

WallitIQ (WLTQ): Investors Positioning For A 34,000% ROI As Dogecoin And Shiba Inu Prices Compete For Dominance
2024-11-15 10:15:01
Fetch.ai (FET) Lags Behind Other AI Coins, Raising Concerns About Its Ability to Maintain Its Position
2024-11-15 10:15:01
Qubetics Redefines Cross-Border Payments with Blockchain, Targeting $707,000 Investment Potential While Algorand and Cosmos Ecosystem Lead November 2024
2024-11-15 10:15:01
Bitcoin Eyes $100,000 as It Continues Its Bullish Uptrend, Inspired by the Notorious Internet Meme, Pepe Outshines Everyone
2024-11-15 10:15:01
Dogecoin Soars After President-Elect Donald Trump Announces the Creation of the Department of Government Efficiency (DOGE)
2024-11-15 08:15:02
PEPE the Meme Coin with a Frog Mascot Took the Crypto World by Storm
2024-11-15 10:15:01

Related knowledge

How to calculate Upbit contract rate

Nov 15,2024 at 04:47am

A Comprehensive Guide to Calculating Upbit Contract RatesUpbit, a leading South Korean cryptocurrency exchange, offers a comprehensive suite of trading options, including cryptocurrency spot trading, margin trading, and futures contracts trading. Futures contracts are financial instruments that allow traders to speculate on the future price of an asset,...

How long does it take for Upbit contract settlement

Nov 14,2024 at 10:10pm

How Long Does It Take for Upbit Contract Settlement?Upbit, a renowned South Korean cryptocurrency exchange, offers a diverse range of trading options, including spot trading and contract trading. Contract trading, also known as futures trading, allows traders to speculate on the future price movements of underlying assets without taking physical possess...

What is Upbit contract trading

Nov 14,2024 at 10:46pm

What is Upbit Contract Trading?Upbit is a South Korean cryptocurrency exchange that offers a wide range of trading options, including spot trading, margin trading, and contract trading. Contract trading, also known as futures trading, allows traders to speculate on the future price of a cryptocurrency without having to actually own the underlying asset....

What does Upbit contract trading mean

Nov 14,2024 at 10:22pm

What Does Upbit Contract Trading Mean?IntroductionUpbit, a leading South Korean cryptocurrency exchange, offers a range of trading options, including contract trading. Contract trading is a derivative instrument that allows traders to speculate on the price movements of underlying assets without owning them directly. This can provide opportunities for b...

How to read Upbit contract K-line

Nov 14,2024 at 02:44pm

How to Read Upbit Contract K-lineUpbit is a popular South Korean cryptocurrency exchange that offers a variety of trading options, including spot trading, margin trading, and contract trading. Contract trading is a type of futures trading that allows traders to speculate on the future price of a cryptocurrency without actually owning the underlying asse...

Tutorial on Upbit currency-based contracts

Nov 14,2024 at 06:30pm

Tutorial on Upbit Currency-Based ContractsUpbit is a well-known cryptocurrency exchange in South Korea that offers a variety of trading options, including currency-based contracts. These contracts are a type of derivative that allows traders to speculate on the price of an underlying asset, such as Bitcoin or Ethereum, without having to own the asset it...