OKX Mobile App V1.7.8 Update Released: Margin Trading Feature Now Available!
(Note: iOS users must wait for Apple Store approval before updating.)
What Is Margin Trading for Spot Pairs?
Margin trading allows users to borrow funds against existing collateral, enabling leveraged trades in spot markets.
Key Benefits of Margin Trading
Amplified Gains (and Risks):
- Operate with up to 3x leverage, multiplying potential profits (but also losses).
- Risk management is critical—always monitor positions.
Short Selling:
- Profit from declining prices by borrowing assets to sell high and repurchase low.
How to Start Margin Trading
1. Accept the Margin Agreement
- Navigate to the Spot Trading interface.
- Click "Leverage" and review the Borrowing Service User Agreement to enable the feature.
2. Transfer Collateral to Your Margin Account
- Go to Margin Trading → Funds Transfer.
- Move assets from other accounts (e.g., spot) into your Margin Account.
- Alternative path: Home → Spot Account → Select Margin Account → Transfer funds.
3. Borrow Assets
- After transferring collateral, select "Borrow" in the Margin Trading interface.
Choose the asset/amount to borrow:
- Borrow BTC: Short-sell (bet against price rise).
- Borrow USDT: Long-buy (bet on price rise).
4. Execute Trades
- Once borrowed assets appear as "Available," proceed with leveraged trades.
5. Repay Borrowed Assets
- Return borrowed assets via Margin Account → Repay.
- Interest accrues every 24 hours—repay promptly to minimize costs.
Rules:
- Repay oldest orders first.
- Interest is paid before principal.
- After 15 days, unpaid balances undergo compound interest adjustments.
6. Monitor Liquidation Risks
- Positions are auto-liquidated if Risk Ratio ≤ 110% (assets/debt).
- Notifications trigger at 130% risk; close positions early to avoid losses.
FAQ Section
Q1: What’s the maximum leverage for margin trading?
A: Up to 3x on OKX, but higher leverage increases risk exposure.
Q2: How are interest charges calculated?
A: Interest compounds every 24 hours. Unpaid balances after 15 days reset with accrued interest added to principal.
Q3: Can I repay borrowed assets early?
A: Yes—early repayment reduces interest costs. Navigate to Margin Account → Repay.
Q4: What happens during liquidation?
A: Positions close automatically at 110% risk ratio. Users receive SMS alerts at 130%.
Q5: Is margin trading available on desktop?
A: This update focuses on mobile, but desktop functionality may follow.
👉 Master Margin Trading Strategies for advanced tips!
Risk Disclaimer
Digital assets are volatile and high-risk. Assess your financial capacity and invest responsibly.
OKX is committed to delivering exceptional products and services.
OKX Team
(Original announcement date omitted per guidelines.)