How to trade Dubai OKX on mobile

To begin futures trading on the OKX mobile platform, first download the app, create an account, verify your identity, and fund your account.

Oct 17, 2024 at 10:18 pm

How to Trade Futures on OKX Mobile

Step 1: Download and Install the OKX App

• Visit the OKX website or app store to download and install the OKX app on your mobile device.

Step 2: Create an Account

• If you don't have an OKX account, create one by clicking "Register" and following the prompts.

Step 3: Verify Your Identity

• To trade futures, you need to complete the identity verification process. Click "Profile" > "Verification" and follow the instructions.

Step 4: Fund Your Account

• Click "Assets" > "Deposit" to fund your account with fiat currency or cryptocurrency.

Step 5: Navigate to the Futures Market

• Click "Trade" > "Derivatives" > "Perpetual Futures" to access the futures market.

Step 6: Choose a Trading Pair

• Select the trading pair you wish to trade, such as BTCUSDT.

Step 7: Place an Order

• Select the order type (Long or Short) and enter the quantity and price.
• Click "Buy" or "Sell" to place the order.

Step 8: Monitor Your Position

• Your open positions will be displayed in the "Positions" tab. You can monitor their performance and adjust them accordingly.

Step 9: Close Your Position

• To close your position, place an order with the opposite direction of your original order.
• For example, if you placed a Long order, you can close it by placing a Short order.

Additional Tips:

• Set stop-loss and take-profit orders to manage your risk.
• Use leverage cautiously to increase your potential profits but also your risk.
• Study the market and conduct technical analysis to make informed trading decisions.
• Practice paper trading before using real funds to gain experience.
• Seek professional advice from a financial advisor if necessary.