Step-by-Step Guide to Enable Contract Trading
- Log in to Your OKX Account
- Navigate to "Futures Trading"
- Click "Enable Futures Trading"
- Review and Accept the Terms of Service
- Complete Risk Assessment Questionnaire
Detailed Instructions
1. Log in to Your OKX Account
- Visit the OKX official website or mobile app.
- Use your registered email or phone number to access your account.
2. Access Futures Trading Section
- Locate the "Futures Trading" tab in the platform's navigation menu.
- Click to enter the futures trading interface.
3. Initiate Contract Activation
- Select the "Enable Futures Trading" option to proceed.
4. Agree to Service Terms
- Carefully read the Futures Trading Service Agreement.
- Check the box confirming your acceptance of all terms and conditions.
5. Complete Risk Evaluation
- Answer all questions in the risk assessment survey honestly.
- Submit your completed questionnaire for review.
Processing Time & Important Notes
Approval Timeline:
- Most applications are processed within 1-2 business days.
- You'll receive notification via email or app alert once approved.
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Risk Management Tips:
- Only trade with funds you can afford to lose
- Start with small positions to gain experience
- Utilize stop-loss orders to limit potential losses
- Consider practicing with demo accounts first
FAQ Section
Q: Is futures trading available in all countries?
A: Availability varies by jurisdiction due to local regulations. Check OKX's official announcements for region-specific information.
Q: What's the minimum deposit for futures trading?
A: Minimum requirements depend on the specific contract and margin requirements. Generally starts at $10 equivalent.
Q: How long does account verification take?
A: Standard identity verification typically completes within 30 minutes, but may take longer during peak periods.
Q: Can I trade crypto futures 24/7?
A: Yes, most crypto futures markets operate continuously, unlike traditional market hours.
Q: What leverage levels are available?
A: OKX offers flexible leverage up to 125x, but beginners should use lower multipliers.
Q: Are there fees for futures trading?
A: Yes, OKX charges maker-taker fees ranging from 0.02% to 0.05% depending on VIP level and trading volume.
Remember that futures trading involves significant risk of loss. Never invest more than you can afford to lose, and consider seeking independent financial advice if needed.