How to open an OKX contract account How to open

Nov 14, 2024 at 10:15 am

How to Open an OKX Contract Account: A Comprehensive Guide

Venturing into the realm of contract trading requires meticulous preparation and a reliable platform. OKX stands as a leading cryptocurrency exchange that offers both現貨和衍生品交易. This guide will provide a step-by-step roadmap to help you seamlessly open an OKX contract account and unlock the world of contract trading.

Step 1: Create an OKX Account

To embark on your contract trading journey on OKX, you must first establish a trading account:

• Navigate to the official OKX website.
• Click on the "Sign Up" button located at the top-right corner of the homepage.
• Choose your preferred registration method: email or mobile number.
• Set a strong password and accept the terms of service.
• Complete the security verification (e.g., completing a CAPTCHA).
• Click on "Create Account" to finalize your registration.

Step 2: Configure Two-Factor Authentication (2FA)

For enhanced account security, it is imperative to enable Two-Factor Authentication (2FA):

• Log in to your OKX account.
• Hover your cursor over your profile icon and select "Security Settings" from the drop-down menu.
• Under the "Two-Factor Authentication" tab, choose your preferred method: Google Authentication or SMS verification.
• Follow the on-screen instructions to complete the setup.

Step 3: Verify Your Identity

Verifying your identity is crucial for accessing the full range of OKX services, including contract trading:

• Log in to your OKX account.
• Navigate to the "Account Verification" section under your profile.
• Select "Personal" or "Institutional" verification based on your account type.
• Upload the required identification documents (e.g., passport, ID card).
• Fill in the necessary personal information accurately.
• Submit your verification request.

Step 4: Open a Contract Account

Once your identity is verified, you can proceed with opening a dedicated contract account:

• Log in to your OKX account.
• Click on "Assets" at the top navigation bar.
• Select "Contract Accounts" from the left-hand menu.
• Choose your desired account type (e.g., USDT-Ⓜ futures, BTC-Ⓜ futures).
• Click on "Create" and confirm the account creation.

Step 5: Fund Your Contract Account

To initiate contract trading, you must deposit funds into your contract account:

• Log in to your OKX account.
• Navigate to the "Assets" page.
• Click on "Deposit" and select your preferred deposit method (e.g., cryptocurrencies, fiat currencies).
• Follow the on-screen instructions to complete the deposit process.

Step 6: Start Contract Trading

With your contract account funded, you are ready to embark on contract trading:

• Log in to your OKX account.
• Click on "Trade" at the top navigation bar.
• Select "Contract" from the left-hand menu.
• Choose your desired trading pair (e.g., BTCUSDT).
• Familiarize yourself with the trading interface and available order types.
• Enter your order parameters and click on "Buy/Sell" to execute your trade.