Beginner's Guide to Futures Trading on OKEx

Getting Started with OKEx Futures Trading

1. Download the OKEx App:

   • Search for "OKEx" in the App Store (iOS) or Google Play Store (Android).
   • Download and install the app.

2. Account Registration:

   • Open the app and click "Login/Register" on the homepage.
   • Alternatively, use this direct link to register: 👉 Register on OKEx.
   • Choose between mobile number or email registration.
   • Complete verification via SMS/email and set your password.

3. Identity Verification:

   • After logging in, navigate to your profile via the top-right avatar.
   • Complete Level 2 Identity Verification (required for deposits/withdrawals).
   • Enable additional security measures (Google Authenticator or SMS verification).

Deposits, Withdrawals & Fund Transfers

Depositing Funds:

1. Select "Deposit" from the homepage.
2. Choose your preferred cryptocurrency.
3. Transfer funds to the provided wallet address.

⚠️ Important: Always verify the blockchain network (e.g., USDT supports multiple networks). Sending to the wrong network may result in permanent loss.

Fund Transfers:

• Navigate to "Fund Transfer" to move assets between accounts (Spot, Futures, Margin, etc.).
• Select the amount and confirm the transfer.

Futures Trading Basics

Key Concepts:

1. Leverage (1-100x): Amplifies trading power (e.g., 10x leverage lets you trade 10x your margin).

2. Account Modes:

   • Cross Margin: Uses entire account balance as collateral.
   • Isolated Margin: Allocates fixed margin per position.
3. Liquidation: Automatic closure when losses exceed margin requirements.

OKEx Delivery Contracts:

• Types: Weekly, Bi-weekly, and Quarterly contracts.
• Settlement: Daily at 16:00 UTC+8; profits become withdrawable post-settlement.

• Trading Steps:

  1. Configure contract settings (currency, unit size, leverage).
  2. Select contract type (e.g., LTC Bi-weekly).
  3. Place orders ("Buy/Long" or "Sell/Short").
  4. Monitor positions and close manually or via auto-delegation.

Perpetual Contracts vs. Delivery Contracts

Trading Perpetual Contracts:

1. Select "Perpetual Contracts" in the trading interface.
2. Adjust leverage (up to 100x) and account mode.
3. Choose from 9 supported cryptocurrencies.
4. Execute orders ("Buy/Long" or "Sell/Short").

FAQ Section

Q: What’s the minimum deposit for futures trading?

A: No fixed minimum; it depends on your selected leverage and coin.

Q: How are funding fees calculated?

A: Fees adjust every 8 hours based on market-现货 price divergence. Only active positions incur fees.

Q: Can I change leverage after opening a position?

A: Yes, via the "Position" tab, but this affects your liquidation price.

👉 Master advanced strategies with OKEx
👉 Explore 100x leverage safely

For community discussions, join crypto forums like Zombit (link removed per guidelines).

### SEO Notes:
- **Primary Keywords**: Futures trading, OKEx, leverage, perpetual contracts, delivery contracts.