How to turn off contract mode in OuYi

Key Points:

• Understanding Contract Mode
• Identifying Contract Mode Settings
• Disabling Contract Mode
• Navigating the User Interface
• Troubleshooting Contract Mode Deactivation
• FAQs Related to Contract Mode Disabling

How to Turn Off Contract Mode in OuYi

1. Understanding Contract Mode

Contract mode is a specialized trading feature on OuYi that allows users to engage in leveraged trading of futures contracts. This mode offers traders the potential for both higher rewards and risks compared to spot trading. However, it's crucial to fully comprehend the risks associated with leveraged trading before engaging in contract mode.

2. Identifying Contract Mode Settings

To turn off contract mode, locate the "Settings" tab within the OuYi interface. Once there, navigate to the "Trading" section and search for the option labeled "Contract Mode." This setting should be enabled by default if you have previously used contract mode.

3. Disabling Contract Mode

To disable contract mode, simply uncheck the box next to the "Contract Mode" option. A confirmation prompt will appear; click "Yes" to confirm your choice. Once you complete this step, contract mode will be disabled, and you will no longer be able to trade futures contracts on OuYi.

4. Navigating the User Interface

If you're unable to locate the Contract Mode setting, try following these steps:

• Open the OuYi app on your smartphone or access the website.
• Log in to your account using your credentials.
• Tap or click on the "Assets" tab.
• Select "Spot Account" from the submenu.
• Now, click on the "Settings" icon in the upper right corner.
• Navigate to the "Trading" section and locate the "Contract Mode" option.

5. Troubleshooting Contract Mode Deactivation

If you're facing difficulties in disabling contract mode, consider the following troubleshooting tips:

• Ensure that you have a stable internet connection.
• Clear the cache and cookies of your browser or app.
• Restart the device you're using to access OuYi.
• Contact OuYi customer support for assistance.

FAQs Related to Contract Mode Disabling

Q: Why should I turn off contract mode if I'm not actively trading futures contracts?

A: Leaving contract mode enabled exposes your account to the risks associated with leveraged trading, even if you're not actively engaging in such trades. Disabling contract mode eliminates this risk.

Q: What are the potential repercussions of accidentally enabling contract mode?

A: Accidentally activating contract mode can lead to significant losses if you're not familiar with leveraged trading. It's recommended to disable contract mode if you're uncertain about its purpose or risks.

Q: How can I ensure that contract mode is permanently disabled?

A: To prevent accidental re-activation, consider removing the "Contract Mode" option from your Favorites menu. This will minimize the chances of unintentionally enabling the mode in the future.

Q: Is it possible to delete my contract trading history after disabling contract mode?

A: No, your contract trading history will remain accessible even after you disable contract mode. However, these records will only be visible if you re-enable contract mode.

Q: Can I disable contract mode on my smartphone and desktop devices separately?

A: Yes, contract mode settings can be managed independently on different devices. Simply follow the steps outlined above to disable contract mode on each device you use to access OuYi.