How to open leverage on Ouyiokex contract

Opening margin trading in OKEx contracts involves the following steps: Select a trading pair and log in to the account. Adjust the leverage ratio (the higher the risk). Enter the position size (the leverage amount is automatically calculated). Select Take Profit and Stop Loss (optional). Create an order (buy or sell).

Tutorial on opening leverage on OKEx contracts

What is leverage trading?

Leveraged trading refers to borrowing funds to trade in order to magnify gains or losses. The higher the leverage, the more funds are borrowed and the greater the gain or loss.

How to open leverage on OKEx contracts?

Step 1: Select the trading pair

• Log in to your OKEx account
• Go to the "Contract Trading" page
• Select the currency pair you want to trade from the trading pair list

Step 2: Adjust Leverage multiplier

• At the top of the trading page, find the "Leverage" field
• Use the slider or enter the leverage multiplier manually
• Note: the higher the leverage multiplier, the greater the risk

Step 3: Enter the position size

• Enter the quantity you want to trade in the "Quantity" field
• The leverage amount will be automatically calculated based on the leverage multiple you selected

Step 4: Select Take Profit and Stop Loss

• Take Profit and Stop Loss is an optional feature to limit your potential profits and losses
• Set take profit and stop loss prices to ensure your orders are automatically executed when a specific price is reached

Step 5: Create an order

• Select the "Buy" or "Sell" button
• Your order will be submitted and executed
• Note: Opening a leveraged position requires you to have sufficient margin

Risk Warning:

• Leveraged Trading Session Magnify your gains or losses
• When using leverage, your risk is higher than usual spot trading
• Before trading with leverage, please make sure you understand the risks involved and manage your funds well

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