Contract

Text

How to return the currency with full leverage on OKX

To return currency with full leverage on OKX, navigate to the Margin Trading page, select the currency to return, adjust the return amount, specify "Return with Full Leverage," review the transaction summary, and confirm the return.

Nov 13, 2024 at 10:20 am

How to Return the Currency with Full Leverage on OKX

Requirements:

Registered OKX account with funds in the Funding Account.
The Funding Fee needs to be settled before returning currency with full leverage.
The position should be maintained above the liquidation line.

Step-by-Step Instructions:

Navigate to the Margin Trading Page:
- Log in to your OKX account and select "Margin Trading" from the navigation menu.
- Click on "Cross Margin" or "Isolated Margin" (depending on your preference).
Select the Currency to Return:
- In the "All Positions" section, locate the position with the currency you want to return.
- Click on the "Return" button associated with that position.
Adjust the Return Amount:
- Enter the amount of currency you want to return.
- The maximum returnable amount is limited by the available balance in the Funding Account and the maintenance margin ratio.
Specify the Return Type:
- Select "Return with Full Leverage" to return the currency using all available leverage.
- This option is available only if the position is in profit and has sufficient leverage to cover the return amount.
Review and Confirm:
- Check the summary of the return transaction, including the amount, fee, and impact on the position.
- Click on the "Confirm" button to initiate the return.
Monitor the Return Process:
- The return process will take some time to complete.
- Once the return is complete, the currency will be credited to the Funding Account.

Additional Considerations:

Partial Return: You can return only a portion of the underlying currency. In this case, specify the desired return amount in the input field.
Return with Partial Leverage: If you prefer to return the currency using partial leverage, select "Return with Partial Leverage" and specify the desired leverage.
Impact on Position: Returning currency with full leverage will decrease the position's size and increase its leverage ratio. It is important to ensure that the new maintenance margin ratio meets the minimum requirement.
Fees: OKX charges a small fee for currency returns. The fee varies depending on the currency and the return type.

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

BCA

$10.51

813.48%

Trade Now
CSPR

$0.0198

78.97%

Trade Now
SCRT

$0.3963

72.69%

Trade Now
ANT

$2.51

67.67%

Trade Now
OM

$3.97

61.89%

Trade Now
HT

$0.5908

59.53%

Trade Now

Latest Crypto News

Bitcoin Hits Record Highs, but Four Altcoins Show Potential for Higher Returns by 2025, Poised to Outshine the Market Leader
2024-11-18 06:25:02
Societe Generale-FORGE Chooses the XRP Ledger to Launch Its EURCV Stablecoin
2024-11-18 06:45:44
Catzilla Coin, a Crypto Underdog, Eyes 5500% Growth, Poised to Change the Market and Challenge Established Digital Currencies
2024-11-18 06:25:02
The Best Cryptos to Buy This Week: Qubetics, Chainlink, and Toncoin
2024-11-18 06:25:02
MicroStrategy Doubles Down on Bitcoin: A Risky Gamble or Genius Strategy?
2024-11-18 06:25:02
XYZVerse: Where sports and meme coins collide
2024-11-18 06:25:02

Related knowledge

How much are the daily fees for perpetual contract trading?

Nov 17,2024 at 04:59pm

How Much Are the Daily Fees for Perpetual Contract Trading?Understanding Perpetual Contract Trading FeesPerpetual contract trading involves speculating on the future price of an underlying asset without having to take physical delivery. Like any financial transaction, this type of trading incurs fees that can impact profitability. Traders must be aware ...

How to play Upbit usdt contract

Nov 15,2024 at 02:04pm

How to Play Upbit USDT ContractIntroductionUpbit is one of the leading cryptocurrency exchanges in South Korea. It offers a variety of trading options, including spot trading, margin trading, and futures trading. Upbit also offers a USDT contract, which is a type of futures contract that is denominated in USDT.Benefits of Playing Upbit USDT ContractTher...

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,...

Will Upbit perpetual contract blow up

Nov 17,2024 at 10:32pm

Will Upbit Perpetual Contract Blow Up?IntroductionUpbit, the largest cryptocurrency exchange in South Korea, recently launched perpetual contracts, a new type of derivative instrument. Perpetual contracts are similar to futures contracts, but they do not have an expiry date. This means that traders can hold positions indefinitely, or until they decide t...

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...

Upbit How to open a 10x contract

Nov 17,2024 at 02:38pm

Upbit: A Comprehensive Guide to Opening a 10x Contract1. IntroductionUpbit, one of the largest cryptocurrency exchanges in the world, offers a variety of trading options to its users, including 10x contracts. These contracts allow traders to leverage their positions, potentially increasing their profits or losses. However, it's important to understand t...