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What attestation do we need to agree to when verifying as an institutional customer?
As part of OKX onboarding process, the entity making an application (hereafter, the "Applicant") to be verified and onboarded as an institutional customer shall have to agree, acknowledge and attest the following statements: Applicant hereby makes the statements set forth herein, with effect from the date of execution, to provide OKX with certain information needed to confirm that Applicant is...Published on Feb 5, 2024Updated on Oct 8, 2025131How do I capture dual-pronged arbitrage opportunities with the OKX ETH/BTC Bot?
Combination of coin rise and exchange rate oscillation profit By strategically combining the rise of individual coins with the oscillation profit from exchange rate fluctuations, the bot maximizes returns, especially during market fluctuations.Published on Mar 6, 2024Updated on Sep 10, 202527How do I open and close a futures position?
Perpetual futures and expiry futures users can get return from the rise or fall of crypto prices by going long or short. Opening a position includes: Open Long and Open Short; Closing a position includes: Close Long and Close Short. Here, we use perpetual futures as an example to demonstrate how to open and close positions.On the AppOpen position 1. call, open long When you anticipate the markets will rise, you can choose to go long.Published on Mar 20, 2023Updated on Apr 2, 2026183What is Simple Option?
It's useful when you expect the market to rise or fall significantly but are concerned about sudden reversals that may cause large losses or forced liquidation. When you trade with Simple Option, you're actually buying an option contract.2. Why doesn't Simple Option have a risk of liquidation? When you buy a Simple Option, you're purchasing an option contract.Published on Sep 17, 2025Updated on Apr 2, 2026142FCA risk warning for United Kingdom users
You could lose all the money you invest The performance of most cryptoassets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in cryptoassets. The cryptoasset market is largely unregulated. There is a risk of losing money or any cryptoassets you purchase due to risks such as cyber-attacks, financial crime and firm failure.Published on Oct 17, 2024Updated on Nov 17, 202513How to avoid Honeypot tokens in CeDeFi Trading?
In some cases, the token's price may initially rise, encouraging more purchases. However, attempts to sell the token may result in unusually high fees or restrictions that prevent sales, potentially causing users' funds to become inaccessible. In CeDeFi trading, users may occasionally encounter tokens that can't be sold smoothly after purchase. Such tokens are often identified as Honeypot Tokens.How to avoid purchasing Honeypot tokens?Published on Sep 30, 2025Updated on Mar 4, 20263How do I automate grid trading strategies on spot grid crypto trading bot?
This feature enhances your trading strategy to perform optimally in diverse market conditions, including rising and falling markets, not limited to sideways only.When do I use trailing settings? Trailing settings can be particularly beneficial in volatile markets where prices can rapidly move up or down. It enables you to capture opportunities and adapt your trading strategy to changing market conditions.Published on Feb 29, 2024Updated on Jan 30, 20261,773OKX DEX FAQs
This fee isn't charged by the wallet, so we can't refund it. Therefore, we don't recommend choosing a low level network fee to save money because it might lead to transaction failure or blockage. If the transaction is blocked, you need to pay another transaction fee to eliminate the blockage, making this an unfavorable trade.How to check the price of purchased tokens on OKX DEX? Launch the OKX app and switch to OKX Wallet.Published on Feb 5, 2026Updated on Mar 30, 20267Expiry futures (App/Web)
Users can choose Long (Buy) or Short (Sell) to profit from the rise or fall in digital asset prices. Expiry futures have fixed settlement periods. The expiration date of an expiry futures can be referenced in the contract name, such as BTCUSD-26SEP25, which means the contract expires on September 26, 2025.App1. Fund transfer OKX expiry futures are divided into crypto-margined futures and USDT-margined futures.Published on Mar 20, 2023Updated on Feb 9, 202610What are the reasons for my spot copy trade order fail?
If the market experiences a significant fluctuation and the price rises to 20,200 when the copy trader is placing their order, our slippage protection will automatically cause the copy trade to fail.Lead trader-related reasons1. Exceeded the maximum total purchase value Because of the liquidity and market depth of different cryptocurrencies, we’ve set a maximum limit for how much crypto lead traders can buy through lead trade orders.Published on Oct 13, 2023Updated on Feb 9, 202669How do I manually set up futures grid trading bot?
Traders using a long grid strategy profit from rising prices. Short: this strategy involves selling futures contracts with the expectation that the price of the underlying asset will decrease. Traders using a short grid strategy profit from falling prices. Neutral: this strategy involves a balanced approach, where the trader doesn't have a strong directional bias on the price movement of the underlying asset.Published on Jun 6, 2024Updated on Mar 31, 2026100Options (App/Web version)
Call Option When you anticipate that the Markets will rise in the future, you can choose a call option. 1. Buy to open a long position Experienced professional users can choose the Advanced Options, which offers a wider variety of option types.Published on Mar 20, 2023Updated on Apr 2, 202640What's Dual Investment and how do I use its auto-renewal?
We offer two auto-renewal strategies – Basic and Advanced.Published on Nov 7, 2023Updated on Feb 12, 20261,539How do I stay safe from phishing SMS using the name OKX?
We’ve recently seen a rise in reports from users receiving fraudulent SMS messages with “OKX” as the sender name. These phishing messages are crafted to look official and may contain urgent alerts.Scammers use these tactics to create a sense of urgency and panic, pushing users to act quickly without verifying the information.What are the common scam tactics? Impersonation tactics: Fraudsters may use the official OKX name to appear legitimate.Published on May 9, 2025Updated on Mar 4, 2026321What's Spot DCA (Martingale) bot and how to use it?
Traders use this strategy when they believe prices will rise eventually, buying more when prices drop to average out the cost. It’s commonly used in volatile or sideways markets to take advantage of short-term price swings.How do I set it up?Published on Nov 13, 2024Updated on Feb 9, 202629