Market Cap: $2.7118T -0.290%
Volume(24h): $72.7203B 7.260%
Fear & Greed Index:

22 - Extreme Fear

  • Market Cap: $2.7118T -0.290%
  • Volume(24h): $72.7203B 7.260%
  • Fear & Greed Index:
  • Market Cap: $2.7118T -0.290%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

What are the perpetual contract trading rules of OKEx?

OKX's perpetual contracts provide traders with a continuous and versatile platform for speculating on asset price movements without expiration constraints or physical delivery requirements.

Oct 22, 2024 at 11:48 pm

Perpetual Contract Trading Rules of OKX

1. Definition

Perpetual contracts are leveraged derivative financial instruments that allow traders to speculate on the price movements of underlying assets without an expiration date. They are settled in cash, and profits and losses are realized in real-time.

2. Trading Hours

Perpetual contracts on OKX are traded 24/7, except during scheduled maintenance windows.

3. Contract Specifications

Each perpetual contract has its own specifications, including:

  • Underlying asset: The asset or index that the contract tracks.
  • Contract size: The number of units of the underlying asset represented by each contract.
  • Tick size: The minimum price change allowed.
  • Funding rate: The periodic payment made between traders to ensure that the contract price aligns with the spot market price.

4. Margin Requirements

To trade perpetual contracts, traders must maintain a margin balance. The margin requirement is the minimum amount of funds that must be held in the trading account to open and maintain a position.

5. Leverage

Perpetual contracts offer leverage, allowing traders to control a larger position size with a smaller amount of capital. However, higher leverage also increases the risk of losses.

6. Stop-Loss Orders

Stop-loss orders can be used to limit potential losses. When the market price reaches the specified stop-loss price, the order is executed and the position is closed.

7. Take-Profit Orders

Take-profit orders can be used to sell a position at a specified price to secure profits. When the market price reaches the specified take-profit price, the order is executed and the position is closed.

8. Risk Management

It is crucial for traders to manage their risk effectively when trading perpetual contracts. This includes setting appropriate leverage levels, using stop-loss and take-profit orders, and monitoring positions regularly.

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.

Related knowledge

How does the insurance fund of Coinbase Contracts work?

How does the insurance fund of Coinbase Contracts work?

Mar 17,2025 at 11:06pm

Key Points:Coinbase Contracts' insurance fund is designed to protect users from losses due to smart contract exploits or platform failures.The fund is not explicitly detailed in terms of size or composition, leading to some opacity.Contributions to the fund are likely derived from Coinbase's operational profits or a percentage of trading fees.The fund's...

What are the position modes of Coinbase Contracts? How to switch?

What are the position modes of Coinbase Contracts? How to switch?

Mar 18,2025 at 01:12am

Key Points:Coinbase Contracts offers three primary position modes: Isolated Margin, Cross Margin, and Hedge Mode.Each mode carries different risk levels and impacts your trading strategy.Switching between modes depends on your current position and involves navigating the Coinbase Contracts interface. This process differs slightly depending on whether yo...

What cryptocurrency trading pairs does Coinbase Contracts support?

What cryptocurrency trading pairs does Coinbase Contracts support?

Mar 17,2025 at 09:24pm

Key Points:Coinbase Contracts currently only supports trading pairs involving Bitcoin (BTC) and USD Coin (USDC). This is a limited selection compared to other derivatives exchanges.The limited number of pairs reflects Coinbase's cautious approach to offering derivatives, prioritizing user safety and regulatory compliance.While more pairs may be added in...

How to set stop loss and take profit in Coinbase Contracts?

How to set stop loss and take profit in Coinbase Contracts?

Mar 18,2025 at 11:48am

Key Points:Coinbase Contracts offers customizable stop-loss and take-profit orders to manage risk and secure profits in cryptocurrency trading.Setting these orders involves understanding market conditions, risk tolerance, and your trading strategy.Stop-loss orders automatically sell your position when the price drops to a specified level, limiting poten...

How to create a new contract transaction on the Coinbase platform?

How to create a new contract transaction on the Coinbase platform?

Mar 17,2025 at 08:43pm

Key Points:Coinbase doesn't directly support the creation of arbitrary smart contracts. It primarily focuses on buying, selling, and holding established cryptocurrencies.To interact with smart contracts, you'll need a compatible wallet and potentially a decentralized exchange (DEX).Understanding the specific smart contract's requirements (e.g., network,...

How to open and set up Coinbase Contracts?

How to open and set up Coinbase Contracts?

Mar 18,2025 at 06:06am

Key Points:Coinbase Contracts is not a product offered by Coinbase. Coinbase primarily focuses on exchanges and custody solutions for established cryptocurrencies. There is no platform called "Coinbase Contracts" for trading derivatives.The term "Contracts" usually refers to derivatives trading, specifically futures and options, offered on other platfor...

How does the insurance fund of Coinbase Contracts work?

How does the insurance fund of Coinbase Contracts work?

Mar 17,2025 at 11:06pm

Key Points:Coinbase Contracts' insurance fund is designed to protect users from losses due to smart contract exploits or platform failures.The fund is not explicitly detailed in terms of size or composition, leading to some opacity.Contributions to the fund are likely derived from Coinbase's operational profits or a percentage of trading fees.The fund's...

What are the position modes of Coinbase Contracts? How to switch?

What are the position modes of Coinbase Contracts? How to switch?

Mar 18,2025 at 01:12am

Key Points:Coinbase Contracts offers three primary position modes: Isolated Margin, Cross Margin, and Hedge Mode.Each mode carries different risk levels and impacts your trading strategy.Switching between modes depends on your current position and involves navigating the Coinbase Contracts interface. This process differs slightly depending on whether yo...

What cryptocurrency trading pairs does Coinbase Contracts support?

What cryptocurrency trading pairs does Coinbase Contracts support?

Mar 17,2025 at 09:24pm

Key Points:Coinbase Contracts currently only supports trading pairs involving Bitcoin (BTC) and USD Coin (USDC). This is a limited selection compared to other derivatives exchanges.The limited number of pairs reflects Coinbase's cautious approach to offering derivatives, prioritizing user safety and regulatory compliance.While more pairs may be added in...

How to set stop loss and take profit in Coinbase Contracts?

How to set stop loss and take profit in Coinbase Contracts?

Mar 18,2025 at 11:48am

Key Points:Coinbase Contracts offers customizable stop-loss and take-profit orders to manage risk and secure profits in cryptocurrency trading.Setting these orders involves understanding market conditions, risk tolerance, and your trading strategy.Stop-loss orders automatically sell your position when the price drops to a specified level, limiting poten...

How to create a new contract transaction on the Coinbase platform?

How to create a new contract transaction on the Coinbase platform?

Mar 17,2025 at 08:43pm

Key Points:Coinbase doesn't directly support the creation of arbitrary smart contracts. It primarily focuses on buying, selling, and holding established cryptocurrencies.To interact with smart contracts, you'll need a compatible wallet and potentially a decentralized exchange (DEX).Understanding the specific smart contract's requirements (e.g., network,...

How to open and set up Coinbase Contracts?

How to open and set up Coinbase Contracts?

Mar 18,2025 at 06:06am

Key Points:Coinbase Contracts is not a product offered by Coinbase. Coinbase primarily focuses on exchanges and custody solutions for established cryptocurrencies. There is no platform called "Coinbase Contracts" for trading derivatives.The term "Contracts" usually refers to derivatives trading, specifically futures and options, offered on other platfor...

See all articles

User not found or password invalid

Your input is correct