Platform Frequently Asked Questions: Exploring Digital Currency Insights and Trends

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How to Verify OKX's Official Identity Across Different Channels?

With increasing cases of scammers impersonating OKX officials, it's crucial to recognize official channels to protect your assets. Here’s how to stay safe:

  1. Official Website: Always manually enter www.okx.com—never search via engines to avoid phishing sites.
  2. SMS Notifications: OKX sends official SMS alerts; verify sender details before acting.

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Common Scams Impersonating OKX Officials

Fraudsters continuously evolve tactics, such as:

Prevention Tip: Only trust communications from verified OKX channels.

Futures Contracts: Perpetual vs. Delivery

Key Differences:

  1. Delivery Dates:

    • Perpetual contracts have no expiry (hold indefinitely).
    • Delivery contracts fix an expiry date (mandatory settlement).
  2. Funding Rates:

    • Perpetual contracts use funding fees to tether to spot prices.
    • Delivery contracts avoid this mechanism.
  3. Mark Price Variance:

    • Both use mark prices for unrealized P&L, but values differ due to basis gaps.

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FAQs on Trading

How to Set Up Payment Details When Selling Coins?

Configure收款信息 beforehand or during the transaction to streamline payments.

What Are USDT-Margined Contracts?

USDT vs. Coin-Margined Contracts: 4 Differences

  1. Margin type
  2. Pricing unit
  3. Contract value
  4. P&L calculation currency.

Managing Multiple Positions

Enable "Open/Close Position Mode" to simultaneously hold long/short orders.

Account Management

Why Transfer Funds Between Accounts?

OKX segregates assets into:

Viewing Order History

Understanding T+N Restrictions

Purpose: Post-C2C buy, assets are temporarily locked (N days) to mitigate risk from illicit funds, reducing冻结风险 for users.


FAQ Section

Q1: How to spot fake OKX websites?

A: Always type www.okx.com directly; avoid links from unverified sources.

Q2: Why can’t I withdraw coins immediately after buying?

A: "T+N" rules delay withdrawals to screen for risky transactions.

Q3: What’s the difference between mark and last price?

A: Mark prices prevent manipulation; last prices reflect实时 trades.

Q4: How are funding rates determined?

A: Rates adjust every 8 hours based on perpetual contract demand.

Q5: Can I hedge with both long and short positions?

A: Yes—use "Open/Close Position Mode" for flexibility.

Q6: What triggers T+N locks?

A: High-risk C2C purchases activate protective holds.