-
Bitcoin
$98,190.4798
3.98% -
Ethereum
$3,493.7215
2.21% -
Tether USDt
$0.9992
0.06% -
XRP
$2.3001
2.15% -
BNB
$704.2259
1.65% -
Solana
$199.4220
4.16% -
Dogecoin
$0.3334
3.01% -
USDC
$1.0001
0.01% -
Cardano
$0.9272
1.79% -
TRON
$0.2572
1.86% -
Avalanche
$41.2076
5.66% -
Chainlink
$24.8601
2.64% -
Toncoin
$5.8450
3.79% -
Shiba Inu
$0.0000
3.00% -
Sui
$4.6015
-1.64% -
Hedera
$0.3115
4.53% -
Stellar
$0.3899
4.57% -
Polkadot
$7.4666
2.43% -
Bitcoin Cash
$465.7993
1.24% -
UNUS SED LEO
$9.5091
1.07% -
Uniswap
$14.1869
0.51% -
Litecoin
$108.5970
2.00% -
Hyperliquid
$29.7946
0.70% -
Pepe
$0.0000
3.33% -
Bitget Token
$5.2721
15.45% -
NEAR Protocol
$5.5947
2.08% -
Ethena USDe
$0.9992
0.08% -
Aave
$373.7909
-1.22% -
Aptos
$9.8439
2.94% -
Internet Computer
$11.4316
5.68%
Does OKEx perpetual contract have a delivery date?
OKEx perpetual contracts, unlike traditional futures contracts, do not have a delivery date, allowing traders to hold positions without the obligation of physical delivery or settlement.
Dec 15, 2024 at 09:38 pm
Does OKEx Perpetual Contract Have a Delivery Date?
Understanding Perpetual Contracts
Perpetual contracts are a type of derivative financial instrument that allows traders to speculate on the future price of an asset without the obligation to physically deliver or receive the underlying asset. They are designed to provide leverage and offer traders the flexibility to maintain positions for an indefinite period.
OKEx Perpetual Contracts
OKEx, a leading cryptocurrency exchange, offers perpetual contracts on a range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). These contracts are settled in USDT, a stablecoin pegged to the US dollar, and offer traders the following advantages:
- High leverage: Traders can leverage up to 100x on OKEx perpetual contracts, allowing them to multiply their potential profits.
- Perpetual settlement: Contracts have no fixed expiry date, enabling traders to hold positions indefinitely or until they choose to close them.
- Low funding rates: OKEx employs a funding rate mechanism to ensure price parity between perpetual contracts and spot markets. Funding rates are usually low, minimizing the cost of holding positions.
Delivery Date of OKEx Perpetual Contracts
Unlike traditional futures contracts, OKEx perpetual contracts do not have a delivery date. This means that traders can hold positions indefinitely without the need to worry about physical delivery or settlement. This feature makes them ideal for traders seeking to speculate on the long-term price movements of cryptocurrencies.
Steps to Trade OKEx Perpetual Contracts
- Create an Account: Register for an OKEx account and complete the KYC verification process.
- Fund Your Account: Deposit funds into your OKEx account via cryptocurrency or fiat currency.
- Choose a Trading Pair: Select the cryptocurrency pair you wish to trade, e.g., BTC/USDT.
- Specify Leverage: Determine the amount of leverage you wish to apply, up to a maximum of 100x.
- Enter Order: Specify the order type, quantity, and price. OKEx offers various order types, including market orders, limit orders, and stop orders.
- Monitor Position: Once your order is executed, your position will be displayed in the "Open Orders" or "Positions" section. Monitor the price movements and make adjustments as needed.
- Close Position: To close your position, either market sell or market buy the same amount of contracts at the current market price. Alternatively, you can use a limit order to close the position at a specific price.
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.
-
BSV Recap of 2024: The Year of Tokenization
- 2024-12-25 12:30:02
-
Qubetics ($TICS) Emerges as a Game-Changer in the Cryptocurrency Market, Captivating Investors with Innovation and Utility
- 2024-12-25 12:30:02
-
Shiba Inu (SHIB) Faces Challenges as 43% of Investors Experience Losses
- 2024-12-25 12:30:02
-
The Christmas Holiday Approaches, the Hong Kong Stock Market and Financial Markets in Many European Countries Will Be Closed for Two and a Half Days
- 2024-12-25 12:30:02
-
Bitcoin network. Babylon issues a synthetic Bitcoin (sBTC) token, representing the staked BTC, which can be used across various DeFi platforms.output: title: Discover The Top 7 DeFi Staking Platforms In 2025
- 2024-12-25 12:30:02
-
Dogecoin Whales Bought 270 Million DOGE Tokens in 4 Days: What It Means
- 2024-12-25 12:40:01
Related knowledge
What are the impacts of different contract leverage multiples?
Dec 16,2024 at 12:46pm
Impacts of Different Contract Leverage MultiplesLeverage, a tool leveraged in the financial realm, amplifies trading activities and enhances potential returns while simultaneously magnifying risks. Understanding the implications of varying leverage multiples is paramount for savvy traders. This article delves into the impacts of different contract lever...
Which is more suitable for novices, contract trading or margin trading on Huobi.com?
Dec 16,2024 at 12:44pm
Which is More Suitable for Novices: Contract Trading or Margin Trading on Huobi.com?As a novice trader venturing into the world of cryptocurrency trading, the choice between contract trading and margin trading on Huobi.com can be a daunting one. Both instruments offer unique advantages and drawbacks, making it crucial to understand their key differences...
What does the leverage ratio of contract trading mean?
Dec 16,2024 at 12:43pm
What does the leverage ratio of contract trading mean?IntroductionLeverage ratio is a key concept in contract trading, allowing traders to gain exposure to a larger position than their initial capital would allow. This can potentially amplify both profits and losses, making it crucial for traders to understand its implications.Understanding Leverage Rat...
What scams exist in leveraged trading of virtual currency contracts?
Dec 16,2024 at 12:42pm
What Scams Exist in Leveraged Trading of Virtual Currency Contracts?Leveraged trading of virtual currency contracts, also known as margin trading, can be a lucrative way to increase your profits. However, it is important to be aware of the various scams that exist in this market so that you can protect yourself from losing your money.Pump-and-dump scams...
What is 20x leverage on Bitcoin contracts?
Dec 16,2024 at 12:40pm
What is 20x Leverage on Bitcoin Contracts?IntroductionLeverage is a powerful tool in the world of trading that can magnify both profits and losses. However, it's essential to understand the risks involved before using leverage, especially when trading volatile assets like Bitcoin. In this comprehensive guide, we will delve into the concept of 20x levera...
What is the difference between Huobi’s margin trading and contract trading?
Dec 16,2024 at 12:39pm
Understanding the Distinctions between Huobi Margin Trading and Contract TradingIntroductionHuobi, a leading cryptocurrency exchange, offers diverse trading options to cater to traders' varying risk tolerance and investment goals. Among these options are Margin Trading and Contract Trading, each with distinct features and trading mechanisms. This compre...
What are the impacts of different contract leverage multiples?
Dec 16,2024 at 12:46pm
Impacts of Different Contract Leverage MultiplesLeverage, a tool leveraged in the financial realm, amplifies trading activities and enhances potential returns while simultaneously magnifying risks. Understanding the implications of varying leverage multiples is paramount for savvy traders. This article delves into the impacts of different contract lever...
Which is more suitable for novices, contract trading or margin trading on Huobi.com?
Dec 16,2024 at 12:44pm
Which is More Suitable for Novices: Contract Trading or Margin Trading on Huobi.com?As a novice trader venturing into the world of cryptocurrency trading, the choice between contract trading and margin trading on Huobi.com can be a daunting one. Both instruments offer unique advantages and drawbacks, making it crucial to understand their key differences...
What does the leverage ratio of contract trading mean?
Dec 16,2024 at 12:43pm
What does the leverage ratio of contract trading mean?IntroductionLeverage ratio is a key concept in contract trading, allowing traders to gain exposure to a larger position than their initial capital would allow. This can potentially amplify both profits and losses, making it crucial for traders to understand its implications.Understanding Leverage Rat...
What scams exist in leveraged trading of virtual currency contracts?
Dec 16,2024 at 12:42pm
What Scams Exist in Leveraged Trading of Virtual Currency Contracts?Leveraged trading of virtual currency contracts, also known as margin trading, can be a lucrative way to increase your profits. However, it is important to be aware of the various scams that exist in this market so that you can protect yourself from losing your money.Pump-and-dump scams...
What is 20x leverage on Bitcoin contracts?
Dec 16,2024 at 12:40pm
What is 20x Leverage on Bitcoin Contracts?IntroductionLeverage is a powerful tool in the world of trading that can magnify both profits and losses. However, it's essential to understand the risks involved before using leverage, especially when trading volatile assets like Bitcoin. In this comprehensive guide, we will delve into the concept of 20x levera...
What is the difference between Huobi’s margin trading and contract trading?
Dec 16,2024 at 12:39pm
Understanding the Distinctions between Huobi Margin Trading and Contract TradingIntroductionHuobi, a leading cryptocurrency exchange, offers diverse trading options to cater to traders' varying risk tolerance and investment goals. Among these options are Margin Trading and Contract Trading, each with distinct features and trading mechanisms. This compre...
See all articles
