I want to turn off the contract function of Ouyi, what should I do?

Disabling contract trading on Ouyi involves navigating to the platform's interface, locating the "Contract Settings," and toggling off the "Enable Contract" switch to restrict contract trading permissions, ensuring the preservation of funds.

Jan 28, 2025 at 12:12 am

Key Points:

• Understand the risks associated with contract trading on Ouyi.
• Navigate the platform interface to locate the contract settings.
• Disable contract trading permissions to restrict access.
• Verify the successful deactivation of contract trading.
• Seek customer support for additional assistance if needed.

Step-by-Step Guide:

1. Assess Contract Trading Risks:

Before disabling contract trading, it's crucial to acknowledge the potential risks involved. Contract trading carries a high level of risk due to its volatile nature and the use of leverage. Only invest what you can afford to lose, and thoroughly familiarize yourself with the mechanics of contract trading before engaging in any transactions.

2. Locate Contract Settings:

Once you are fully aware of the risks, navigate to the Ouyi trading platform. On the homepage, hover over the "Futures" tab and select "Contract Settings." This will open a new page where you can manage your contract trading permissions.

3. Disable Contract Trading:

On the "Contract Settings" page, you will find a toggle switch labeled "Enable Contract." By default, this switch is enabled. To disable contract trading, simply toggle the switch to the "Off" position. A confirmation message will appear to verify your action.

4. Verify Successful Deactivation:

After toggling the switch, refresh the page to ensure that the changes have been applied. The "Enable Contract" switch should now be in the "Off" position, indicating that contract trading has been successfully disabled.

5. Contact Customer Support:

If you encounter any difficulties while disabling contract trading, do not hesitate to reach out to Ouyi customer support. They are available 24/7 via live chat, email, or phone to assist you with any issues you may face.

FAQs:

• Why should I disable contract trading?

Contract trading carries high risks and is suitable only for experienced traders. If you are unfamiliar with the mechanics of contract trading or are not comfortable with the potential risks, it is advisable to disable contract trading to avoid potential losses.

• Will disabling contract trading affect my other trading activities?

No. Disabling contract trading will only affect your ability to trade contracts on Ouyi. You will still be able to engage in spot trading, margin trading, and other trading activities on the platform.

• Can I re-enable contract trading later?

Yes. If you decide to resume contract trading, you can simply navigate to "Contract Settings" and toggle the "Enable Contract" switch back to the "On" position.

• How often should I review my contract trading settings?

It is recommended to regularly review your contract trading settings to ensure that they align with your risk tolerance and trading strategy. This will help you minimize risks and optimize your trading performance.