The difference between Ouyiokex capital account and trading account
OKEx provides capital accounts and trading accounts with different functions: Capital account: stores and manages assets, including recharge, withdrawal and transfer. Trading account: Execute transactions, including order placement, position closing and position management.
The difference between OKEx capital account and trading account
OKEx provides two account types: capital account and trading account. There are the following key differences between them:
Function
- Funding Account: Used to store and manage assets, including top-ups, withdrawals, and transfers.
- Trading account: Used to execute transactions, including placing orders, closing positions and managing positions.
Asset Management
- Funding Account: Can store various cryptocurrencies and fiat currencies.
- Trading Account: Only store specific cryptocurrencies for trading.
Fund Flow
- Funding Account: Can recharge from external wallet or withdraw money to external wallet.
- Trading account: Funds can only be transferred in or out from the capital account.
Trading ability
- Funding account: Unable to trade.
- Trading Account: Can perform various types of transactions, such as spot trading, contract trading and leverage trading.
Transfer
- Funding Account: You can transfer money to the trading account, but you cannot transfer money from the trading account to the capital account.
- Trading account: You can transfer funds out of the capital account, but you cannot transfer funds in.
Financial Records
- Fund Account: Shows recharge, withdrawal and transfer records.
- Trading account: Display transaction records, position details and account balance.
Example
Suppose you want to buy Bitcoin and trade it. You need to:
- Recharge funds to your capital account.
- Transfer funds from your funding account to your trading account.
- Place an order to buy Bitcoin in your trading account.
- Manage your Bitcoin positions in your trading account, including closing and stopping losses.
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