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What's a limit order?
What's a limit order and market orders? When placing an order to buy or sell to close a position, the most commonly used order types are limit orders and market orders. You can choose the order type that best suits your trading needs.What's a limit order? A limit order is an order where you set the order quantity and the maximum price you are willing to buy or the minimum price you are willing to sell.Published on Aug 22, 2023Updated on May 29, 2026179What's limit order in DEX?
Limit order Swap is currently not available on the web platform, but remain accessible in the OKX App. In Swap > Select Limit Fill in the tokens you wish to sell and buy with preferred rate, and the expiry period Select Place limit order Note: your limit buy order will be executed when the market price = specified price + network fee. You can customize your price and order expiry before placing an order Note: You can select Use market price to place order to be executed at the market price.Published on Aug 10, 2023Updated on May 29, 2026132What limits are there for futures copy trading?
What limits are there for lead traders? Daily lead trade limit: 500 new positions Total lead trade limit: 5000 new positions Maximum profit-sharing ratio and Maximum copy trader limit depends on lead trader's trader tier. 4.Published on Oct 31, 2023Updated on May 29, 2026256What limits are there for spot copy trading?
What limits are there for lead traders? 1. Daily lead trade limit: 500 new buy order 2. Total lead trade limit: 5000 new buy orders 3. Maximum profit-sharing ratio and Maximum copy trader limit depends on lead trader's trader tier. 4.Published on Oct 30, 2023Updated on May 29, 2026127Understanding OKX's Security Fund
What Contributes to the Security Fund? The Security Fund is self-sustaining and is funded primarily by collecting profits generated during the liquidation process.When a leveraged position is liquidated: The liquidation engine takes over the position. If the position is closed out at a price better than the bankruptcy price, a surplus is generated. This excess margin or surplus profit is contributed directly to the Security Fund to grow the reserve.Published on Mar 25, 2026Updated on May 29, 20264What are the trading volume rules for the campaign?
What transactions are excluded from trading volume calculations? Trading volume does not include transactions that have: 0 trading fees, or Negative trading fees These transactions are excluded from all campaign-related volume calculations. For a full breakdown of fee structures and applicable scenarios, please refer to the official OKX fee documentation here.Does all trading activity count toward the campaign volume? No.Published on Mar 26, 2026Updated on May 29, 20261How do I place a TP/SL with Limit Order?
What's Take Profit (TP) and Stop Loss (SL)? Take Profit (TP) and Stop Loss (SL) are parts of One-Cancels-the-Other (OCO) order. OCO order is a pair of orders that are set simultaneously. If one order is triggered and executed, the other order is automatically canceled. This strategy allows traders to manage their trades more effectively by combining both a TP and an SL order.Published on May 31, 2024Updated on May 29, 2026286What's KYC: What to expect and why it matters?
What's KYC and why is it necessary for me to complete it? KYC, or Know Your Customer, is a regulatory and security process that financial institutions use to verify the identity of their users. It’s a key step in maintaining a safe, transparent, and legally compliant platform for everyone.Published on Apr 6, 2026Updated on May 29, 2026What onboarding information is required for the non-profit organization (NPO)?
What's a non-profit organization (NPO)? An NPO is an entity, often tax-exempt, that seeks to serve the public good rather than make a profit. NPOs can operate within one jurisdiction or internationally and can include foundations, charities, non-governmental organizations, political organizations, volunteer service providers, research institutes, and professional organizations.Who are the key persons for an NPO?Published on Oct 13, 2023Updated on May 29, 202672What's Leaderboard?
The Leaderboard is where real traders stand out, powered by transparent, real-time metrics. Whether you're aiming to showcase your trading edge or learn from top performers, this is where verified results take the spotlight. Traders are ranked in real time based on key performance indicators, including PnL %, Total PnL and Assets under management. To offer even deeper transparency, each public...Published on Apr 25, 2025Updated on May 29, 20266How do I close lead trades with a limit order and custom amount?
What's the background? We've enhanced our copy trading system, ensuring that the experience of leading trades aligns with manual trading experience. With the upgrade, lead traders can use limit orders and custom amounts to close positions, eliminating the restrictions found in the old system version.Futures lead tradersHow do I open a futures lead trade position? Once you've become a futures lead trader, you'll need to select contracts for leading trades.Published on Dec 5, 2023Updated on May 29, 20262,263What's Wallet Connect?
Any amount exceeding this limit will require additional verification.Does connecting an account pose a security risk to my wallet? No. Connecting requires a wallet signature, ensuring that only you can complete the process. Your seed phrase and private keys are never stored, keeping your wallet secure.What are the rules? Only verified Exchange main accounts can connect wallets. A wallet address can only be connected to one Exchange account at a time.Published on Jan 7, 2025Updated on May 29, 20261,401What's Options trading?
Exercise Methods Cash settled; ITM options are automatically exercised and settled at expiration Trading Hours 24x7 Trading Fees Please refer to fee rate table Contract Naming Named in order of “underlying asset – expiration date – exercise price – type” Position Limit Please refer to Option Position Limit Price Limit Please refer to Price Limit What's the difference between OKX's Options trading and Futures trading?Published on Nov 19, 2024Updated on Jun 9, 202612What's a dusting attack?
Learn more about what dusting attacks are, how they work, how to identify them, and the steps you can take to protect your assets.What's dust in crypto? In crypto, dust refers to very small amounts of coins or tokens left over after trades or transfers. For example, one satoshi (0.00000001 BTC) is considered dust in Bitcoin. These amounts are usually too small to spend or even pay for fees.How's crypto dust made?Published on Oct 4, 2024Updated on May 29, 202614What's the multisig scam?
A multisig scam involves scammers creating elaborate schemes to trick users into signing or interacting with malicious smart contracts. These contracts are designed in such a way that they take control of your wallet, even if the permissions seem equal (1-to-1). This means that while it might appear that you have control over transactions, malicious smart contracts give full control to the...Published on Aug 20, 2024Updated on May 29, 2026103