How to buy perpetual contract on okex

The process of purchasing perpetual contracts on OKEx: open an account and complete KYC verification. Select a funding method and deposit funds. Enter the perpetual contract trading page. Select a contract, enter the transaction amount and leverage. Choose to open a long or short order based on the price trend.

OKEx Perpetual Contract Trading Guide

How to buy OKEx Perpetual Contract?

The process of purchasing perpetual contracts on the OKEx platform is as follows:

Step 1: Open an account

• Visit the OKEx official website (www.okex.com) and create an account.
• Complete identity verification (KYC) to enable trading functionality.

Step 2: Deposit

• Choose a supported deposit method (such as bank transfer, credit card, stablecoin transfer, etc.).
• Deposit funds into your OKEx account.

Step 3: Enter the perpetual contract trading page

• Log in to OKEx and navigate to "Contracts" > "Perpetual Contracts".
• Select the contract you want to trade (such as BTCUSDT).

Step 4: Place an order

• Open a long order: If you think the underlying price will rise, select "Buy" (Long).
• Open a short order: If you think the underlying price will fall, select "Short".
• Enter the amount and leverage you want to trade.
• Click the "Buy" or "Sell" button.

Notes:

• Choose an appropriate leverage ratio. The higher the leverage ratio, the higher the potential profits and losses.
• Manage your risks. Perpetual contract trading is a high-risk and high-yield activity. Please trade with caution and stop losses.
• Monitor your positions in real time and close them promptly when necessary.

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