How to top up OKX contract

How to Top Up OKX Contract

Topping up your OKX contract account is a simple and straightforward process that can be completed in just a few steps. By following the instructions below, you can ensure that your account is funded and ready to trade.

Step 1: Log in to Your OKX Account

• Navigate to the OKX website and click on the "Log In" button located in the top-right corner of the page.
• Enter your username and password, then click on the "Log In" button.

Step 2: Select the Contract Trading Option

• Once you are logged in to your OKX account, hover over the "Trade" tab located in the top navigation bar.
• From the drop-down menu, select the "Contract Trading" option.

Step 3: Choose Your Preferred Trading Pair

• On the contract trading page, you will need to select the trading pair that you wish to trade.
• To do this, click on the "Trading Pairs" tab located in the left-hand sidebar.
• A list of available trading pairs will be displayed. Select the pair that you wish to trade, such as BTC/USDT or ETH/USDT.

Step 4: Open a Position

• Once you have selected your preferred trading pair, you will need to open a position.
• To do this, click on the "Open a Position" button located in the bottom-right corner of the page.
• A pop-up window will appear asking you to enter the details of your order, such as the order type, price, and quantity.
• Enter the desired order details and click on the "Buy/Long" or "Sell/Short" button to open your position.

Step 5: Fund Your Contract Account

• Once you have opened a position, you will need to fund your contract account in order to cover the initial margin required for the trade.
• To do this, click on the "Fund Your Account" button located in the top-right corner of the page.
• A pop-up window will appear asking you to select the funding method that you wish to use.
• Select the desired funding method and follow the instructions to complete the deposit.

Step 6: Monitor Your Position

• Once your contract account is funded, you can begin monitoring your position.
• To do this, click on the "My Positions" tab located in the left-hand sidebar.
• A list of your open positions will be displayed. You can click on each position to view its details, such as the current price, profit and loss, and margin utilization.

Step 7: Close Your Position

• When you are ready to close your position, click on the "Close Position" button located next to the position that you wish to close.
• A pop-up window will appear asking you to confirm the details of your order, such as the order type, price, and quantity.
• Enter the desired order details and click on the "Close Position" button to complete the trade.