Guide to setting up commonly used transaction features

Properly configuring your trading settings helps you manage positions and control risks more efficiently. Below are the commonly used trading features and how to set them up.

Trading settings

To access trading settings:

• Open OKX app and select Trade.

• Select Spot, Futures, or Trading Bots to enter the trading page.

• Select Settings from the features menu.

Account modes and position settings

On the Trading Mode page, you can switch your account mode, position mode, trading units, and stablecoin preference.

• Account mode

  • Spot mode: Trade spot and leverage products

  • Futures mode: Trade spot, leverage, perpetual futures, delivery futures, and options

  • Advanced mode: Includes cross-currency margin mode and portfolio margin mode

• Position mode

  • There are two position modes available: One-way and Two-way (Hedge).

    • One-way mode: This is suitable for beginners. You can hold only one position direction at a time. If you open a position in the opposite direction, your existing position will be closed. For example, if you hold a long position in a BTCUSDT perpetual futures contract and then open a short position in the same contract, the long position will be closed. If it's fully closed, only the short position will remain

    • Hedge mode: This allows you to hold both long and short positions for the same contract at the same time. Positions in opposite directions don't close each other, allowing you to hedge risk. For example, if you hold a long position in a BTCUSDT perpetual futures contract, you can also open a short position in the same contract. Both positions will be held simultaneously

  • To switch position modes, select Settings > Trading mode > Position Mode, then select One-way mode or Hedge mode. Orders of the same side, type, and currency are automatically merged into one position. Separate positions aren’t supported

• Futures trading units

  • You can switch between Crypto or Contract to accommodate different transaction preferences

• Stablecoin preference

  • You can select your preferred stablecoin, such as USDT or USDC, as the default pricing currency

Take profit, stop loss, and risk warnings

On the Preferences page, you can manage trading notifications, confirmations, and order interaction settings.

• TP/SL (Take profit and stop loss) notifications

  • Go to Trade notification > TP/SL orders

  • When enabled, the system will send alerts when TP/SL conditions are triggered

• Show liquidation price

  • This feature displays the estimated current liquidation price of your position in real-time, helping you assess risk at any time

• Trade confirmation

  • You can enable additional confirmations to reduce operational errors, including:

    • Order confirmation

    • "Close all" confirmation

    • Reverse position confirmation

    • Chase order confirmation

Interface and display settings

On the Interface page, you can customize the appearance and layout of the trading interface.

• Appearance

  • You can switch between Light mode and Dark mode

• Color preferences

  • You can customize the colors used for price increases and decreases. By default, green indicates price increases and red indicates price decreases

• Futures position buttons

  • You can choose 2-4 action buttons that appear on the position page, including:

    • Add position

    • TP/SL

    • Close

    • Close all

    • Reverse button

      • Reverse position opening allows you to close an existing position and open an opposite position with the same quantity in a single action.

      • Enable this feature:

        • Under Interface settings, select Futures Position Button and enable Reverse Position Opening

        • Under Preferences > Trade confirmations, enable Reverse Position Confirmation

        • Both settings must be enabled for the reverse position button to appear

        • Note:

          • The reverse button is supported for cross and isolated positions in futures and multi-currency modes, and for isolated positions in portfolio mode

          • If available margin is insufficient, a smaller reverse position may be opened

          • Execution depends on market conditions, margin requirements, and risk controls. Successful execution is not guaranteed

• Page layout

  • You can customize the chart position, order panel, and other trading components

Cooling-off period

You can set a cooling-off period to restrict futures trading.

• To set a cooling-off period:

  • Open OKX app and select Trade

  • Select Futures to enter the trading page

  • Select Cooling-off period from the features menu

  • Select the trading pair and duration

• Once enabled:

  • The cooling-off period can't be ended early, and customer support can't remove it. Please use this feature with caution

  • Only day-based durations are supported (for example, 1, 3, 7, 14, or 30 days)

• During the cooling-off period:

  • You can reduce or close existing futures positions

  • You can adjust margins and leverage for existing positions

  • You can't increase positions or open new futures positions

  • Copy trading and bot trading are not affected

Calculator and alert functions

You can access additional tools from the trading features menu.

• Calculator

  • You can use the calculator to estimate profits, liquidation prices, and other trading values

• Alert

  • You can set price alerts to receive notifications when a selected price level is reached. Multiple alerts can be created and managed

Shortcut settings

On the web trading interface, you can enable keyboard shortcuts under Trading Settings.Shortcuts support actions such as:

• Switching trading pairs

• Adding or removing favorite trading pairs

To manage favorites, select the star icon next to the trading pair.