In the field of digital currency trading, contract trading has always attracted much attention. As a well-known digital currency trading platform, OKEx's contract trading function is highly respected. If you want to play contract trading on OKEx, you not only need to understand the relevant operation steps, but also need to learn risk control and strategy application. This article will introduce in detail how to open contract trading, trading product selection, risk management strategy and practical skills, and take you to explore the world of digital currency contract trading in depth.

 Open an OKEx contract trading account

First, if you want to conduct contract trading on OKEx, you must first register an OKEx account and complete real-name authentication. Then, go to the OKEx official website, select contract trading on the trading interface, and click to open a contract account. After completing the risk assessment questionnaire, you can open a contract trading account. Remember to set a fund password and a trading password to ensure account security.

 Contract trading variety selection

OKEx provides a variety of digital currency contract trading varieties, including Bitcoin, Ethereum, Litecoin, etc. When choosing a contract variety, you should choose according to your investment preferences and risk tolerance. Different varieties have different volatility and liquidity, and a reasonable choice of varieties can help reduce risks.

 Risk Management Strategy

Risk management is crucial when conducting contract transactions. Setting stop-profit and stop-loss points is an effective means of risk control. Reasonable stop-profit targets and stop-loss points can help investors avoid excessive losses and protect the safety of funds. In addition, diversified investment is also an important strategy to reduce risks. Do not concentrate all funds on one contract.

 Practical skills

1. Trend tracking: In contract transactions, following market trends is a common trading strategy. You can use technical analysis tools to identify market trends and seize opportunities to gain profits.

2. Fund management: In contract transactions, reasonable fund management is crucial. Do not invest too much money at one time, control the amount of funds in a single transaction within a certain range, and avoid affecting the overall situation due to excessive losses in a single transaction.

3. Timely stop-profit and stop-loss: Set clear stop-profit and stop-loss points and strictly implement them. Avoid greed and fear from affecting trading decisions and keep a cool head.

 Example analysis

Take Bitcoin contract trading as an example. Assuming that investors are optimistic about the rising trend of Bitcoin in the market, they can choose to open long positions. Use technical analysis to find support and resistance levels and set stop-profit and stop-loss points. During the transaction, pay close attention to market trends, flexibly adjust trading strategies, and stop profits in time to lock in profits or stop losses to control risks.

 Creative Insights

As an important part of the digital currency market, OKEx contract trading provides investors with more trading opportunities and flexibility. However, the contract trading market is volatile and risky. Investors need to be cautious when participating in contract trading, formulate scientific trading strategies, and strictly implement them in order to be invincible in the market.

 Conclusion

OKEx contract trading is an important form of digital currency trading. Playing contract trading requires continuous learning and practice. By understanding how to open a contract trading account, choose trading products, formulate risk management strategies, and master practical skills, investors can better grasp market opportunities and achieve investment goals. In the investment process, constantly summing up experience and lessons and constantly improving trading strategies can obtain stable returns in contract trading. I wish you an ideal return on investment in OKEx contract trading!

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Speaking of contract trading, I believe that investors who have a certain understanding of digital currency know that contract trading is a two-way transaction, which can be long or short. Before the transaction, both parties submit matters such as digital currency and agree on them, and then trade at the agreed time. There are not many contract exchanges that are popular with investors on the market, and the exchange is one of the exchanges favored by investors. So, how does OKEx play contracts? The following currency circle editor has compiled a tutorial on OKEx contract trading for investors to refer to and learn.

 How to play contracts on OKEx?

(I) Account registration

1. Open the official website (), download the OKX
APP, click "Register/Login" on the homepage, click "Register Now", enter the email address, click "Register", and then enter the six-digit verification code received in the email, which is valid for 10 minutes

2. Next, you need to verify your mobile phone number. Enter your mobile phone number, click "Verify Now", and then enter the mobile phone verification code. The verification code is valid for 10 minutes, and click "Next"

3. Make sure that the selected place of residence is consistent with the information shown on the certificate. In order to protect the security of the account, please set the account password according to the prompts. After the password is set, click "Next" to complete the account registration

4. After completing the registration and login, click the button in the upper left corner of the homepage, click the top of the page on the jump page to enter the personal center, and go to the personal profile and settings page. On the personal profile page, click identity authentication and complete the authentication according to the prompts.
After passing the Lv.1 level authentication, you can trade digital assets. You can also choose to continue with the Lv.2 advanced authentication to obtain higher trading permissions.

(II) Trading Settings

1. If you want to trade contracts, you need to open the account mode and set it to single-currency margin mode or cross-currency margin mode.

2. You can continue to set up contracts, select the trading unit and order mode.

(III) Delivery Contract Trading

Delivery contracts are divided into USDT margin delivery contracts and currency-margined margin delivery contracts. Here, we take the currency-margined weekly delivery contract as an example.

1. Similarly, transfer our digital assets from the capital account to the trading account. If it has been completed, no additional transfer operation is required.

2. On the trading page, click the drop-down button on the right side of the currency pair, enter the currency in the search box, select delivery in the margin trading, and select the currency-margined contract with a contract period of the week, next week, quarter or next quarter. Here, we take the quarterly contract as an example.

3. Set the leverage multiple, select the account mode, order type, enter the price and quantity, and click Buy to open long (bullish) or Sell to open short (bearish). For unfulfilled orders, click Cancel Order to cancel the order.

4. After the order is executed, you can view the relevant data of the order in the position interface, such as margin, income, yield, estimated forced liquidation price, etc.

5. You can set stop profit and stop loss in the position interface, and you can also choose to close the position, enter the closing price and closing quantity to confirm the closing, or choose to close the position at the market price.

 How to make a steady profit from Bitcoin contracts?

The way to make a steady profit from Bitcoin contracts is to hedge options + futures contracts. So, how to hedge options + futures contracts?

For example, the current price of Bitcoin is 10,000 US dollars. Suppose you use 5,000 yuan to open a 20x leverage to go long, and at the same time open 2 put options on BitOffer for hedging. The option cycle is 4 hours. The cost of each option is about 30 US dollars, and 2 options are about 60 US dollars. The option rights are 1 option = 1 BTC spot rights. Pay attention to the contract long + option put, contract short + option call, and open hedging, whether it rises or falls, you can make a profit.

1. When Bitcoin rises by 200 US dollars, that is, the increase is 2%.

20x leverage to go long, the profit is 40%, that is, 2,000 yuan, and the put option loses the principal, that is, 60 US dollars. The two are settled, and the net profit of the account is 1,580 yuan.

2. When Bitcoin falls by $200, that is, the decline is 2%

20 times leverage long, loss of 40%, that is, 2,000 yuan, put option profit of $400, that is, 2,800 yuan, deducting the option cost of $60, the net profit is 380 yuan

3. When Bitcoin rises by $500, that is, the increase is 5%

20 times leverage long, funds doubled, profit of 5,000 yuan, put option loss of principal, that is, $60 (420 yuan), the two settled, the net profit is 4,580 yuan.

4. When Bitcoin falls by $500, that is, the decline is 5%

20 times leverage long, triggered liquidation, loss of 5,000 yuan, put option profit of $1,000, that is, 7,000 yuan, minus (5,000+60 US dollars), the net profit is 1,580 yuan.

The contract hits liquidation, and the account still makes a profit. This is just one way to play the contract. In fact, there are many ways to play that have not been discovered. In general, using the hedging method to play contracts, you can make a profit regardless of whether the price goes up or down, and you can make money even if the position is liquidated. I believe you have never seen such a novel way of playing.

Through the above introduction, I believe everyone has already understood the question of how to play contracts on OKEx. For investors, in Bitcoin transactions, the editor of the Coin Circle always recommends only using affordable costs to gamble. After all, all investors hope to profit from transactions, and this may induce you to use the money originally used for other important things to trade, such as children's milk powder money, mortgages, etc. Once you lose a lot of money, you will be very nervous and unable to trade more rationally. If you want to know more about the relevant knowledge, you can pay attention to the Coin Circle. The editor of the Coin Circle will continue to update relevant reports later!