How Cross-Currency Margin Works on OKEx
OKEx's futures trading employs a cross-currency margin system, which allows users to:
- Share margin across multiple contracts (denominated in USD).
- Choose between auto-borrow and manual-borrow modes for flexibility.
Key Benefit: This mechanism enhances capital efficiency while maintaining risk control.
Core Features
- Automatic Currency Conversion: Seamlessly converts collateral to the contract’s settlement currency.
- Risk Management: Limits maximum positions to 6 active iceberg orders per user.
Avoiding Liquidation Risks
Futures trading carries inherent risks. Follow these guidelines to minimize losses:
- Monitor Leverage: High leverage increases vulnerability to market swings.
- Set Stop-Losses: Predefine exit points to prevent emotional decisions.
👉 Learn advanced strategies to prevent liquidation
Steps to Sell Crypto via OKEx Fiat Trading
- Navigate to the "Fiat" tab.
- Select "Sell" and choose your payment method.
- Confirm the transaction details.
Market Trends & OKB’s Role
- OKB Utility: Staking OKB unlocks DeFi opportunities (e.g., COMP farming).
- OKT Integration: Functions as the native token for OKExChain’s ecosystem.
Relevant Data: Post-2021 Bitcoin halving, OKEx observed subdued volatility but retained institutional interest.
FAQ
Q: How does OKEx’s auto-borrow mode work?
A: It automatically loans required currencies, optimizing margin usage without manual intervention.
Q: What triggers futures liquidation?
A: When your margin balance falls below the maintenance threshold due to adverse price movements.
Q: Is OKEx regulated?
A: OKEx adheres to global compliance standards but operates without centralized regulatory oversight.
Conclusion
OKEx’s infrastructure balances innovation and stability, making it a preferred platform for derivatives trading. For optimal results, combine technical analysis with disciplined risk management.
👉 Explore OKEx’s trading tools today
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