How to Change OKX’s Margin Mode to Cross Margin Mode?
Last updated
Last updated
By default, uTrading will automatically switch to [Cross Margin Mode] for you.
If you encounter some trading pairs that are not successfully switched, you need to go to Okx to modify them separately.
Please follow the instructions in the pictures below:
Step 1: Open OKX App, log in to your account, click [Trade] on homepage bottom to enter the trading page, As follow:
Step 2: Select [Perpetual], As follow:
Step 3: click [Cross] on the upper left corner, As follow:
Step 4: Select [Cross] on the page, and then click [confirm], as a successful modification, As follow:
[Cross Margin Mode]: Your position margin is limited to the value of the asset you are trading. When you are liquidated, your maximum loss is limited to the balance of that single asset in your account.
[Isolated Margin Mode]: Open positions calculate margin and PnL separately. When you are liquidated, your maximum loss is limited to the margin of that position.