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What's a limit order?
Once the market price falls to 52,900 USDT or below, the order will be executed automatically.What's a market order? A market order allows you to buy or sell immediately at the best available price in the current market, enabling fast execution. Example: Assume the latest BTC market price is 53,000 USDT. If you want to buy BTC immediately, you can place a market order and enter the total order amount, such as 40 USDT. After placing the order, it will be executed instantly.Published on Aug 22, 2023Updated on Jan 27, 2026174How do I trade with different order types?
Scaled Order (for Futures trading only) Maximizes returns by riding market trends and automatically scales orders. Market Order A Market Order is designed for immediate execution at the best available price. This is the fastest way to enter or exit a position but does not guarantee the price at which your order will be filled.How do I place a Market Order?Published on Jun 18, 2024Updated on Feb 12, 2026386How do I find the Marketcap feature?
By utilizing the Marketcap feature, users can easily monitor market movements, compare assets, and identify potential investment opportunities with just a few clicks.Why do I have to use the Marketcap feature? Stay updated: monitor the overall crypto market performance, including price fluctuations and volume trends. Compare assets: view rankings of cryptocurrencies based on market cap, liquidity, and other key metrics.Published on Feb 27, 2025Updated on Sep 10, 20256How do I capture dual-pronged arbitrage opportunities with the OKX ETH/BTC Bot?
Below is how it achieves this: Taking advantage of market oscillations The bot excels in buying low and selling high during market oscillations, allowing users to capitalize on favorable price differentials. Earning range profit In a volatile market, the bot consistently earns range profit, increasing overall BTC holdings over time.What are some considerations for users?Published on Mar 6, 2024Updated on Sep 10, 202527Buy/sell/convert spread disclosure
Market volatility and any price movement between the time you receive the quote and the time you initiate the trade may affect the final spread. In certain cases, such as during extreme market conditions, your order may fail, and you will need to submit a new one.Published on Apr 15, 2025Updated on Jan 22, 20262How do I place a TP/SL with Limit Order?
Conversely, if the market price drops to $45,000, the SL order will be triggered to sell your 1 BTC and limit your losses.What should I consider when setting TP/SL prices? Market volatility: consider the volatility of the cryptocurrency you are trading. More volatile markets may require wider TP/SL ranges to avoid premature triggering. Risk tolerance: set TP/SL levels according to your risk tolerance and trading strategy.Published on May 31, 2024Updated on Feb 12, 2026280What's demo trading and how do I use it?
Improved confidence: by practicing in a simulated trading environment, traders can gain confidence in their decision-making skills and strategies before entering the real markets. This can lead to more informed and profitable trading decisions in the future. Access to market data: many demo trading platforms offer access to real-time market data and trading tools, allowing traders to gain a better understanding of the crypto markets and how they work.How do I use demo trading?Published on Dec 12, 2023Updated on Mar 11, 2026970What's the Spot Grid bot and how do I use it?
During extreme market conditions, your instructions may be canceled or executed at a different price than intended. Failed execution or partial execution might expose the user to sudden and unexpected market risk. Market exposure: you'll be exposed to market risk while the Bot is active and in any resulting holdings. Also, in multi leg execution, such as in grid bot, the market movement might force the execution of only one leg of the strategy.Published on Oct 3, 2025Updated on Nov 17, 20257How do I use the custom interval feature?
Enhance decision-making: gain better insights into short-term or long-term market trends that might not be visible in standard intervals. Adapt to various market conditions: adjust intervals dynamically based on market volatility and trading goals. By using the Custom interval feature, traders can refine their market analysis with greater flexibility, making it easier to adapt to different trading strategies and market conditions. Learn how you can use the custom formula feature here.Published on Mar 5, 2025Updated on Sep 10, 20255How do I explore new tokens?
If you want to explore new tokens in the ever-evolving cryptocurrency market, a great starting point is to visit here. The page offers a comprehensive overview of the latest tokens available for trading. It highlights trending tokens, provides detailed information on each token, including market performance and trading volume, and features expert insights and analysis to help you make informed decisions.Published on Aug 9, 2024Updated on Nov 17, 2025How do I discover new tokens?
Market Capitalization: explore the top tokens ranked by market capitalization. Trading Volume: discover which cryptocurrencies have the highest turnover rates. This metric can indicate active trading volumes and investor interest.How do I stay informed with the new token listings? All you have to do is to enable your push notifications. Turn on push notifications to stay informed about the exciting new token listings by heading to the Menu > User Center > Notifications.Published on Aug 9, 2024Updated on Sep 10, 202555What's OKX Convert?
It also allows you to exchange crypto at a lower threshold than the spot market.2. What's the difference between convert and spot trading? Convert uses a quoting model, which differs from the traditional order-matching model used in spot trading, resulting in no transaction fees or slippage. As such, there's a price difference between the quoted price and the spot market price.Published on Sep 27, 2023Updated on Mar 17, 20262,160What's the Spot DCA bot and how do I use it?
During extreme market conditions, your instructions may be canceled or executed at a different price than intended. Failed execution or partial execution might expose the user to sudden and unexpected market risk. Market exposure: you'll be exposed to market risk while the Bot is active and in any resulting holdings. Also, in multi leg execution, such as in Spot DCA bot, the market movement might force the execution of only one leg of the strategy.Published on Oct 3, 2025Updated on Nov 17, 20254How do I turn on Hedge mode?
It's widely used by both institutional and experienced retail traders to enhance risk control and adapt quickly to changing market conditions—all while keeping multiple positions active within the same contract.Why should I use hedge mode? Helps manage risk in volatile markets: Hedge mode allows traders to mitigate risk by holding both long and short positions at the same time.Published on May 7, 2025Updated on Sep 10, 20258What's a futures trading bot and how do you automate trades with it?
A trading bot is a software program designed to automatically execute trades on your behalf in the crypto market. Using advanced algorithms and real-time market data, trading bots can analyze market conditions, identify opportunities, and execute trades quickly and precisely. The bot operates 24/7, monitoring the markets and identifying profitable opportunities even when you're not actively watching.Published on Dec 26, 2023Updated on Oct 29, 202535