Setting up order at Dubai OKX exchange

To place an order on the OKX Exchange, select the trading pair, choose an order type (limit, market, or stop), enter the quantity, and click "Buy" or "Sell."

Nov 03, 2024 at 12:48 pm

How to Set Up an Order on the OKX Exchange in Dubai

1. Create an OKX Account:

• Visit the OKX website (https://www.okx.com/) and click "Sign Up."
• Enter your email address, create a password, and agree to the terms of service.
• Verify your email address by clicking the link sent to your inbox.

2. Complete KYC (Know Your Customer) Verification:

• To unlock advanced features, complete your KYC verification by providing personal information, a government ID, and a selfie.

3. Fund Your Account:

• Click "Assets" in the top menu and select "Deposit."
• Choose a currency and payment method to fund your account. OKX supports various deposit options, including bank transfers, credit/debit cards, and third-party platforms.

4. Place an Order:

• On the trading page, select the trading pair you wish to trade.

• Choose an order type:

  • Limit Order: Set a specific price at which you want your order to execute.
  • Market Order: Buy or sell at the best available market price.
  • Stop Order: Trigger an order when a predefined price is reached.
• Enter the order quantity and click "Buy" or "Sell."

5. Modify or Cancel an Order:

• Your placed orders appear in the "Open Orders" tab.
• To modify an order, click "Edit" and make necessary changes.
• To cancel an order, click "Cancel."

6. Manage Your Account:

• Click "Account" in the top menu to access your profile, trading history, and other settings.
• Adjust your security preferences, such as two-factor authentication, and monitor your account balance and positions.

Additional Tips:

• Use the "Market Depth" chart to analyze market conditions and potential price movements.
• Set stop-loss orders to limit potential losses if the market moves against you.
• Take advantage of OKX's mobile app for on-the-go trading.
• Read the OKX Help Center for detailed guides and support resources.