Excuse me, how can I turn off the contract trading mode on OUYi?

To disable contract trading mode on OUYi, navigate to "Settings" > "Security Settings" and toggle the switch under "Futures Trading" to "Off," confirming with your password.

Jan 26, 2025 at 02:18 pm

Key Points

Understanding Contract Trading Mode
Disabling Contract Trading Mode on OUYi

Understanding Contract Trading Mode

Contract trading mode on OUYi is a feature that allows users to speculate on the price movements of underlying assets (such as Bitcoin) without owning the actual assets. It involves the use of contracts, which are agreements to buy or sell an asset at a specified price in the future.

Margin Requirements: Contract trading requires leverage, which amplifies both potential profits and losses. Traders must maintain a certain margin balance on their account to cover potential losses.
Leverage Multiplier: The leverage multiplier determines how much leverage is applied to a trader's position. Higher leverage multipliers can lead to greater potential profits or substantial losses.
Mark Price: The mark price represents the fair value of an underlying asset as determined by OUYi's pricing engine. It is used to calculate profit and loss (P/L) on open positions.
Funding Rate: The funding rate is a small fee paid or received by traders holding open positions to ensure that the contract price remains in line with the spot market.

Disabling Contract Trading Mode on OUYi

To disable contract trading mode on OUYi, follow these steps:

Login to your OUYi account and navigate to "Settings" in the top-right corner.
Select "Security Settings" from the drop-down menu.
Under the "Futures Trading" section, find the toggle labeled "Contract Trading Mode."
Click on the toggle to disable contract trading mode and confirm by entering your password.

FAQs

Can I turn contract trading mode back on after disabling it?
Yes, you can re-enable contract trading mode by following the same steps and toggling the switch back to "On."
Will disabling contract trading mode affect my existing positions?
No, disabling contract trading mode will not affect your existing open positions. However, you will not be able to open new contract positions.
What happens to my collateral if I disable contract trading mode?
Your collateral will be returned to your spot trading account balance once you have closed all your open contract positions.

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

AIC

$0.3576

59.66%

Trade Now
BTG

$9.3594

55.69%

Trade Now
USUAL

$0.4041

29.23%

Trade Now
JASMY

$0.0325

27.87%

Trade Now
DEXE

$20.6826

23.80%

Trade Now
ACH

$0.0463

22.21%

Trade Now

Latest Crypto News

El Salvador Removes Bitcoin's Legal Tender Status, Citing IMF Agreement
2025-01-31 10:45:53
Solana (SOL) Price Rises 21% in a Week, Nearing $300
2025-01-31 10:45:53
Texas Builds On Crypto-Friendly Foundation to Establish Bitcoin Reserve
2025-01-31 10:35:54
Discover the Next Crypto Sensation: ICOs You Can’t Afford to Miss!
2025-01-31 10:35:54
HYPE Is Poised for a Breakout as February Begins, Targeting a 50% Surge
2025-01-31 10:35:54
The SEC Approves the Bitwise Bitcoin and Ethereum ETF
2025-01-31 10:35:54

Related knowledge

Where can I find the Ouyi invitation code?

Jan 29,2025 at 02:30am

Key Points:Understanding the Ouyi Invitation CodeBenefits of Using an Invitation Code on OuyiSteps to Find and Apply an Ouyi Invitation CodeAlternatives to Ouyi's Invitation Code ProgramFrequently Asked Questions about Ouyi's Invitation CodeWhere Can I Find the Ouyi Invitation Code?Steps to Find and Apply an Ouyi Invitation Code:Visit Ouyi's Official We...

How to remove restrictions on Ouyi account

Jan 26,2025 at 12:01pm

Key PointsVerify Your IdentityEnable Two-Factor AuthenticationComplete KYC VerificationContact Ouyi Customer SupportSteps:1. Verify Your IdentityLog in to your Ouyi account.Navigate to the "Security" tab.Click on "Identity Verification."Follow the instructions to submit your government-issued ID and a selfie.Wait for Ouyi to verify your identity.2. Enab...

How does OuYi pay sellers?

Jan 26,2025 at 01:00am

Key Points:Utilizing a multi-layered payout system for flexibility and efficiency.Employing industry-leading security measures to protect seller funds.Offering competitive payout fees to minimize costs for sellers.Providing dedicated support channels for timely assistance with payout inquiries.Ensuring transparency and reliability through regular payout...

OUYI freezes accounts with frequent transactions

Jan 30,2025 at 06:43pm

Key Points:Understanding the Reasons for Account Freezing by OuyiSteps to Resolve Frozen Ouyi AccountsPreventing Future Account Freezing on OuyiAlternative Exchanges for Trading CryptocurrenciesFAQs on Ouyi Account FreezesUnderstanding the Reasons for Account Freezing by OuyiSuspicious Activity: Ouyi may freeze accounts if they detect unusual activity, ...

European trading hours

Jan 30,2025 at 07:30am

The Ultimate Guide to Navigating European Trading Hours for Cryptocurrency MarketsKey Points:Understand the impact of European trading hours on cryptocurrency pricesLearn how to capitalize on market movements during these periodsDevelop strategies to mitigate risks associated with European trading hoursEuropean Trading Hours for Cryptocurrency MarketsEu...

Earn money annually on Eureka Exchange easily

Jan 28,2025 at 12:30am

Key Points:Understand the earning opportunities on Eureka Exchange.Calculate potential returns and evaluate the risks involved.Utilize compounding to maximize earnings.Consider portfolio diversification to mitigate risks.Choose the most suitable earning method based on individual goals.Earn Money Annually on Eureka Exchange EasilyEureka Exchange is a cr...