If you like to trade Crypto-currency(Margin Trading) with OKCoin, please follow the steps below.
- Register with OKCoin for Free
- Verify your accounts with Documents
- Make a Deposit
- Proceed to “Trade” and “Margin” as below.
There you can trade Bitcoin, Litecoin, Ethereum(Classic) against USD and CNY currencies.
Several Points to know about “Margin Trading”
- OKCoin will notify users via text message if the user’s Margin risk ((Margin balance – interest)/original margin) is less than 20%（0.2). OKCoin will not be responsible for failure to deliver messages due to circumstances out of our control including but not limited to users’ poor phone signal or blacklist issues.
- OKCoin will initiate risk control procedures, e.g., minimize or close the user’s position if the user’s margin risk ((Margin balance – interest)/original margin) is ≤ (less than or equal to) 10% (0.1).
- The duration of each loan is 15 days, In the event of an overdue debt, OKCoin will automatically borrow extra funds on the users behalf to repay the overdue debt.
- Your order will be placed at the current best daily rate by default. You can customize the rate by clicking ‘More’.