How to play OKX u-standard contract

To effectively play OKX U-Standard contracts, traders should understand perpetual contracts, leverage, mark price, and funding rates, and utilize risk management strategies like stop-loss orders and monitoring their position size.

Nov 15, 2024 at 11:06 am

How to Play OKX U-Standard Contracts

Introduction:

OKX U-Standard contracts are a type of perpetual contract that combines the elements of futures and spot trading. They offer a unique way to trade cryptocurrencies with the flexibility of spot trading and the leverage of futures contracts. This guide will provide a step-by-step explanation of how to play OKX U-Standard contracts effectively.

Step 1: Creating an OKX Account

Visit the official OKX website and click on “Sign Up”.
Provide your email address or mobile number and create a password.
Verify your account by completing the KYC process.

Step 2: Funding Your Account

Log in to your OKX account and navigate to the "Funds" section.
Click on "Deposit" and select the cryptocurrency you want to deposit.
Copy the deposit address and transfer funds from your external wallet or exchange.

Step 3: Understanding U-Standard Contract Features

Perpetual: U-Standard contracts have no expiration date, allowing traders to hold positions indefinitely.
Leverage: Traders can use leverage to amplify their potential returns, but it also increases their risk.
Mark Price: The mark price is the reference price used for settlement, preventing manipulation.
Funding Rate: A fee paid or received periodically to maintain the peg between the U-Standard contract price and the spot price.

Step 4: Selecting a Trading Pair

Choose a cryptocurrency pair that you believe has price movement potential.
Consider the liquidity, trading volume, and implied volatility of the pair.

Step 5: Placing an Order

Navigate to the U-Standard contract trading interface.
Select the trading pair and input the desired contract size.
Choose between a limit order (buy/sell at a specific price) or a market order (buy/sell at the current market price).

Step 6: Managing Risk

Set stop-loss and take-profit orders to limit potential losses and secure profits.
Monitor your position size and leverage ratio to avoid excessive risk.
Consider using a trailing stop order to minimize losses in the face of an adverse price movement.

Step 7: Monitoring Your Position

Track the mark price, funding rate, and your position size to make informed decisions.
Adjust your strategy as the market conditions change.
Regularly review your performance and identify areas for improvement.

Step 8: Withdrawing Funds

Once you have finished trading, navigate to the "Funds" section and click on "Withdraw".
Select the cryptocurrency you want to withdraw and input the amount.
Provide the recipient's wallet address and verify the transaction.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

HOSICO

$0.0655

29.91%

Trade Now
BONK

$0.0...02225

24.15%

Trade Now
STRX

$0.0618

18.45%

Trade Now
TIBBIR

$0.0831

15.96%

Trade Now
FLOKI

$0.0...08402

14.66%

Trade Now
CFG

$0.1977

14.10%

Trade Now

Latest Crypto News

Altcoins in the Spotlight: What's Trending Now?
2025-07-07 02:45:12
Pepe Coin's Plunge: Is the Frog Coin Ready to Bounce Back, or is Little Pepe the New Big Bet?
2025-07-07 02:47:22
Sports Tokens: Market Cap Predictions for July 2025
2025-07-07 02:45:12
DeFi, AI, and Crypto Resilience: Navigating the Future of Finance
2025-07-07 02:45:14
Dogwifhat, Shiba Inu, and the Crypto Scene: What's Hot and What's Not?
2025-07-07 02:47:08
Whales, Fartcoin, and Price Dips: What's the Deal?
2025-07-07 02:47:09

Related knowledge

How to identify the contract value range in combination with the market profile?

Jul 02,2025 at 10:56pm

Understanding the Market ProfileTo effectively identify the contract value range in combination with the market profile, it's essential to first understand what each concept entails. The market profile is a framework that helps traders visualize how price and time interact across a given period, typically a trading day or session. It provides insights i...

How to use the price slope to filter the false breakthrough signal of the contract?

Jun 20,2025 at 06:56pm

Understanding the Concept of Price Slope in Contract TradingIn contract trading, especially within cryptocurrency derivatives markets, price slope refers to the rate at which the price changes over a specific time period. It helps traders assess the strength and sustainability of a trend. A steep slope may indicate strong momentum, while a shallow slope...

How to determine the expected volatility of the contract through the volatility cone?

Jun 19,2025 at 12:28pm

Understanding the Basics of Volatility in Cryptocurrency ContractsIn the realm of cryptocurrency trading, volatility is a key metric that traders use to assess potential risk and reward. When dealing with futures contracts, understanding how volatile an asset might become over time is crucial for position sizing, risk management, and strategy developmen...

How to formulate a contract intraday trading plan in combination with the pivot point system?

Jun 21,2025 at 03:42pm

Understanding the Basics of Pivot Points in Cryptocurrency TradingPivot points are technical analysis tools used by traders to identify potential support and resistance levels. These levels are calculated using the previous day's high, low, and closing prices. In the context of cryptocurrency trading, where markets operate 24/7, pivot points help trader...

How to adjust the contract position ratio through the price fluctuation entropy?

Jun 22,2025 at 11:42am

Understanding Price Fluctuation Entropy in Cryptocurrency ContractsIn the world of cryptocurrency futures trading, price fluctuation entropy is a relatively new concept used to measure market volatility and uncertainty. It derives from information theory, where entropy refers to the degree of randomness or unpredictability in a system. In crypto contrac...

How to use the volume swing indicator to predict the contract volume-price divergence?

Jun 18,2025 at 11:42pm

Understanding the Volume Swing IndicatorThe volume swing indicator is a technical analysis tool used primarily in cryptocurrency trading to evaluate changes in volume over time. Unlike price-based indicators, this metric focuses solely on trading volume, which can provide early signals about potential market reversals or continuations. The key idea behi...