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How to open an OKX contract account How to open

To begin contract trading on OKX, traders must first establish an account, configure 2FA, verify their identity, and open a dedicated contract account.

Nov 14, 2024 at 10:15 am

How to Open an OKX Contract Account: A Comprehensive Guide

Venturing into the realm of contract trading requires meticulous preparation and a reliable platform. OKX stands as a leading cryptocurrency exchange that offers both現貨和衍生品交易. This guide will provide a step-by-step roadmap to help you seamlessly open an OKX contract account and unlock the world of contract trading.

Step 1: Create an OKX Account

To embark on your contract trading journey on OKX, you must first establish a trading account:

Navigate to the official OKX website.
Click on the "Sign Up" button located at the top-right corner of the homepage.
Choose your preferred registration method: email or mobile number.
Set a strong password and accept the terms of service.
Complete the security verification (e.g., completing a CAPTCHA).
Click on "Create Account" to finalize your registration.

Step 2: Configure Two-Factor Authentication (2FA)

For enhanced account security, it is imperative to enable Two-Factor Authentication (2FA):

Log in to your OKX account.
Hover your cursor over your profile icon and select "Security Settings" from the drop-down menu.
Under the "Two-Factor Authentication" tab, choose your preferred method: Google Authentication or SMS verification.
Follow the on-screen instructions to complete the setup.

Step 3: Verify Your Identity

Verifying your identity is crucial for accessing the full range of OKX services, including contract trading:

Log in to your OKX account.
Navigate to the "Account Verification" section under your profile.
Select "Personal" or "Institutional" verification based on your account type.
Upload the required identification documents (e.g., passport, ID card).
Fill in the necessary personal information accurately.
Submit your verification request.

Step 4: Open a Contract Account

Once your identity is verified, you can proceed with opening a dedicated contract account:

Log in to your OKX account.
Click on "Assets" at the top navigation bar.
Select "Contract Accounts" from the left-hand menu.
Choose your desired account type (e.g., USDT-Ⓜ futures, BTC-Ⓜ futures).
Click on "Create" and confirm the account creation.

Step 5: Fund Your Contract Account

To initiate contract trading, you must deposit funds into your contract account:

Log in to your OKX account.
Navigate to the "Assets" page.
Click on "Deposit" and select your preferred deposit method (e.g., cryptocurrencies, fiat currencies).
Follow the on-screen instructions to complete the deposit process.

Step 6: Start Contract Trading

With your contract account funded, you are ready to embark on contract trading:

Log in to your OKX account.
Click on "Trade" at the top navigation bar.
Select "Contract" from the left-hand menu.
Choose your desired trading pair (e.g., BTCUSDT).
Familiarize yourself with the trading interface and available order types.
Enter your order parameters and click on "Buy/Sell" to execute your trade.

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