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How to add margin to okex contract

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2024-07-02 10:52:39288browse

Steps to add margin to OKX contract account: Log in to OKX account. Select the contract account type. Enter the position page. Select the position you want to add margin to. Enter the additional amount. Select the append method. Confirm and add.

How to add margin to okex contract

How to add margin to OKX contract account

When trading contracts on OKX, you need to provide margin for the position in a certain proportion. Margin is used to resist losses caused by contract price fluctuations. If the margin is insufficient, the position may be liquidated.

Steps to add margin:

  1. Log in to your OKX account
  2. Open the OKX official website or APP and log in with your account and password.
  3. Select a contract account
  4. In the home navigation bar, select the "Contracts" tab, and then select the contract account type you want to add margin to (for example, perpetual contract or delivery contract).
  5. Enter the position page
  6. In the contract account page, select "Position" to view your current position status.
  7. Select the position you want to add margin to
  8. In the position list, find the position you want to add margin to, and then click the "Margin Call" button to the right of it.
  9. Enter the additional amount
  10. In the pop-up window, enter the amount of margin you want to add. Note: The additional margin amount cannot be less than the minimum amount prompted by the system.
  11. Select the additional method
  12. Choose the method you use to add margin, you can use transfer to sub-account, transfer from currency account or direct top-up.
  13. Confirm and add
  14. After confirming that the amount, method and position of the margin call are correct, click the "Confirm" button to complete the additional operation.

Note:

  • After a margin call is made, the minimum margin requirement for the position will be increased accordingly.
  • If after the margin call is made, the margin ratio of the position is still lower than the maintenance margin ratio, there is still a risk of liquidation.
  • Margin calls may affect the break-even point and potential profit of a position.

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