Yes, OKEx supports 10x contracts. Users can perform the following steps to trade 10x contracts on OKEx: 1. Select the contract type as delivery contract; 2. Select the trading pair; 3. Select the leverage multiple as 10x; 4. Enter the transaction parameters; 5. Place an order.
Does OKEx support 10x contracts?
Answer: Yes, OKEx supports 10x contracts.
Detailed description:
OKEx provides a variety of contract types, including spot, perpetual contracts and delivery contracts. Among them, the delivery contract provides various leverage multiples, including 10 times leverage. Users can use 10 times leverage for contract trading to amplify returns or hedge risks.
The following are the steps to trade 10x contracts on OKEx:
- Select the contract type: Select "Contract" on the trading interface, and then select "Delivery Contract".
- Select trading pair: Select the asset pair you want to trade, such as BTC/USDT.
- Select the leverage multiple: Select the leverage multiple at the bottom of the trading interface, and then select "10x".
- Enter trading parameters: Enter the position size, opening price and stop loss and take profit price you want to trade.
- Click to place an order: After confirming the transaction parameters, click "Buy" or "Sell" to place an order.
It should be noted that the 10x leverage contract carries higher risks and is suitable for users with certain trading experience. Before trading highly leveraged contracts, be sure to understand the risks and develop a sound trading strategy.
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