Introduction
As the cryptocurrency industry evolves, OKX continues to innovate by offering decentralized products alongside its centralized exchange infrastructure. Serving over 200,000 clients globally, OKX provides advanced trading tools, including MetaX (a gateway to decentralized ecosystems), multi-chain non-custodial wallets, NFT marketplaces, and high-performance derivatives trading. This guide explores how to hedge trading using OKX contracts, ensuring risk management for investors.
Step-by-Step Guide to Hedging on OKX Contracts
1. Account Setup
- Register/Log In: Visit the OKX official website and sign up (new users can 👉 register here).
Enable Portfolio Margin Mode:
- Navigate to the trading page, click the settings icon, and select [Account Mode] → [Portfolio Margin Mode].
Activate Spot Hedging:
- Under trading settings, toggle [Spot Hedging] and select a [Hedging Risk Unit].
Note: By default, the system enables USDT-based spot hedging.
- Under trading settings, toggle [Spot Hedging] and select a [Hedging Risk Unit].
2. Executing the Hedge
Example: BTC/USDT pair
- Spot Market: Buy BTC on the spot trading page.
- Perpetual Contracts: Sell an equivalent amount of BTC to open a short position.
- Monitor Positions: Check the [Positions] and [Assets] tabs to track margin levels (maintenance/occupied margins).
OKX Wallet Overview
Previously known as MetaX, the OKX Wallet is a self-custody, multi-chain wallet supporting networks like Ethereum, Polygon, BSC, and OEC. Key features:
- Store crypto/NFTs, swap tokens via DEX, and interact with dApps.
- Available as a browser extension.
- Users retain full control via private keys.
FAQ: Hedging on OKX
Q1: What is hedging in crypto trading?
A: Hedging involves offsetting potential losses in one position (e.g., spot BTC) by taking an opposite position (e.g., shorting BTC contracts) to minimize risk.
Q2: Does OKX support cross-margin hedging?
A: Yes. The Portfolio Margin Mode allows combined margin usage across spot and derivatives markets.
Q3: Is spot hedging available for all trading pairs?
A: Only select pairs (e.g., BTC/USDT) support this feature. Check OKX’s official list.
Why Choose OKX?
- Simulated Trading: Practice strategies risk-free with virtual funds.
- Financial Products: Stake, earn interest, or borrow crypto.
- Rebranding Note: OKEx was renamed "OKX" to reflect its expansion beyond an exchange into decentralized services.
By mastering hedging, traders can navigate volatility confidently. For further details, visit OKX’s official resources.