Coin-to-coin leverage trading allows traders to borrow funds to amplify positions, enabling up to 10x exposure. While this magnifies potential profits, it also increases risks—always trade cautiously.
Step 1: Fund Transfer
Before starting, transfer assets to your leverage account:
- Log in to OKX and navigate to Asset Management > Fund Transfer.
- Select your funding source and the target leverage account.
- Confirm the transaction.
👉 Learn more about OKX leverage accounts
Step 2: Borrowing Cryptocurrency
- Click Borrow in the upper-right corner.
Enter:
- Coin type (e.g., BTC)
- Amount
- Loan term (rates update hourly; locked for 24hr post-borrowing)
- Review and confirm.
Key Notes:
- Interest accrues hourly and compounds weekly.
- Early repayment reduces interest costs.
Step 3: Executing Trades
Leverage trading supports long (buy) and short (sell) positions.
Example:
- Long BTC/USDT: Bet on BTC price rising.
- Short BTC/USDT: Bet on BTC price falling.
Step 4: Repayment
To close a position:
- Navigate to Borrow/Repay > Repay.
- Convert profits back to the borrowed currency (e.g., USDT → BTC).
- Repay principal + interest.
Repayment Rules:
- Oldest loans are repaid first.
- Interest is cleared before principal.
- Additional tokens (forks/airdrops) must be returned if applicable.
Risk Management
Liquidation Triggers
- Warning: At ≤20% margin ratio.
- Liquidation: At ≤10% margin ratio.
Withdrawal Thresholds
- 5x Leverage: Margin ratio >25%.
- 3x Leverage: Margin ratio >50%.
FAQ Section
Q1: How is leverage interest calculated?
A: Interest compounds hourly based on market rates, locked for 24hr post-borrowing. Weekly mandatory interest payments apply.
Q2: Can I repay a loan early?
A: Yes! Early repayment reduces interest costs and frees up collateral.
Q3: What happens during liquidation?
A: Positions are automatically closed to prevent losses exceeding your initial margin.
Pro Tips
- Monitor positions actively using OKX’s real-time margin alerts.
- Start with lower leverage (3x–5x) to minimize risk.
- Use stop-loss orders to protect against volatility.
👉 Explore OKX’s advanced trading tools
This guide simplifies complex trading strategies—always DYOR (Do Your Own Research) before engaging in leveraged trades.