As part of OKX onboarding process, the entity making an application (hereafter, the "Applicant") to be verified and onboarded as an institutional customer shall have to agree, acknowledge and attest the following statements: Applicant hereby makes the statements set forth herein, with effect from the date of execution, to provide OKX with certain information needed to confirm that Applicant is...

Combination of coin rise and exchange rate oscillation profit By strategically combining the rise of individual coins with the oscillation profit from exchange rate fluctuations, the bot maximizes returns, especially during market fluctuations.

code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; Virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; For more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency?

This feature enhances your trading strategy to perform optimally in diverse market conditions, including rising and falling markets, not limited to sideways only.When do I use trailing settings? Trailing settings can be particularly beneficial in volatile markets where prices can rapidly move up or down. It enables you to capture opportunities and adapt your trading strategy to changing market conditions.

When the price of the asset rises to one of the grid lines, the bot automatically sells. If the price drops to a grid line, the bot automatically buys. How the Spot grid trading bot looks on the app You can either set the grid parameters manually for full control or use the AI strategy, which relies on past price movements and back-tested data to increase the chances of profit.

It doesn't guarantee better results, it changes your exposure and risk.What leverage means in practiceHigher leverage A higher leverage setting generally means: A given price move has a larger effect on your position relative to posted margin Less adverse movement may be required before risk increases significantly Liquidation risk may rise faster if the position moves against youLower leverage A lower leverage setting generally means your position may have more room to move before the margin becomes

Traders using a long grid strategy profit from rising prices. Short: this strategy involves selling futures contracts with the expectation that the price of the underlying asset will decrease. Traders using a short grid strategy profit from falling prices. Neutral: this strategy involves a balanced approach, where the trader doesn't have a strong directional bias on the price movement of the underlying asset.

We’ve recently seen a rise in reports from users receiving fraudulent SMS messages with “OKX” as the sender name. These phishing messages are crafted to look official and may contain urgent alerts.Scammers use these tactics to create a sense of urgency and panic, pushing users to act quickly without verifying the information.What are the common scam tactics? Impersonation tactics: Fraudsters may use the official OKX name to appear legitimate.

Traders use this strategy when they believe prices will rise eventually, buying more when prices drop to average out the cost. It’s commonly used in volatile or sideways markets to take advantage of short-term price swings.How do I set it up?

Choose your direction: Long or Short If you expect the price to rise, choose Buy (Long) If you expect the price to fall, choose Sell (Short)Set TP/SL before placing the order You can set TP/SL directly in the order flow using percentage-based inputs.Example: Take-profit: 10% Stop-loss: 5% Setting TP/SL before entry helps you structure risk upfront, reduce emotional decision-making during volatility, and avoid having to react manually to every price move.Review liquidation price before submitting

The rise and fall value of the latest transaction price compared to the opening price of the K-line 24 hours ago/100% of the opening price of the K-line 24 hours ago. The above formula data can be obtained through the market interface here. What's the reason for the error message "51000 Parameter posSide error" when placing an order? You need to check the account mode first; buying and selling mode/opening and closing mode, which can be viewed here to obtain posMode.

Once you set the upper and lower limits, the bot buys when prices fall to a grid line and sells when they rise—capturing profits from normal market fluctuations without constant monitoring. You can configure your grid parameters manually for full control or let the AI strategy handle it for you using backtested data and historical price movements.

To combat the rising cases of P2P frauds, we've outlined common crypto scams and provided tips on how to avoid falling prey to such schemes.What can I do to avoid P2P crypto scams?

After a few days, the BTC price rises to 108,000, and your bot has already completed a number of transactions. If you believe BTC will range between 105,000 and 115,000 going forward, you decide to adjust the grid range. When you do this: Re-initialization: your bot will cancel any existing orders and place new orders based on your updated range and current assets. Current sets: for example, let’s say your bot now holds 900 USDT and 0.001 BTC.

To keep our community safe, we use a combination of government data and real-time technology to block bad actors. Here’s how we protect the Web3 ecosystem: Global Sanctions: We block access from sanctioned regions (refer to our TOS for a full list). Wallet Address Blacklisting: We aggregate lists of banned wallet addresses from global authorities (such as the FBI, UN, and OFAC) and known hacking incidents.