What's a limit order and market orders? When placing an order to buy or sell to close a position, the most commonly used order types are limit orders and market orders. You can choose the order type that best suits your trading needs.What's a limit order? A limit order is an order where you set the order quantity and the maximum price you are willing to buy or the minimum price you are willing to sell.

Daily limit Raise your daily limit in Card management → Spending limits → Daily, or wait until midnight UTC for the reset.

The funding rate is a mechanism used in X-Perps markets to help keep the contract price closer to the underlying spot price.What's the funding rate for me? Funding isn't the same as a trading fee. It is a periodic payment mechanism between long and short position holders.

Stop Loss (SL): an SL order is designed to automatically buy or sell a position when the market price falls to a certain level, limiting potential losses.Why should I use TP/SL with Limit Order? Using TP/SL with Limit Orders offers several benefits: Setup your trades for success: you can automate your trading strategy by setting predefined exit points, allowing you to manage trades without constant monitoring.

Daily limit: The maximum amount you can withdraw within a 24-hour period. Limit resets on a rolling basis, 24 hours after each transaction — not at midnight. Weekly limit: The maximum amount you can withdraw over 7 consecutive days. Limit resets on a rolling basis, 7 days after the transaction that reached the limit. Monthly limit: The maximum amount you can withdraw within a 30-day period. Limit resets on a rolling basis, 30 days after the transaction that reached the limit.

The deposit limits as shown on the deposit method selection for the app The deposit limits as shown on the deposit method selection for the webTypes of limits Minimum Deposit limit: Minimum amount you can deposit per transaction. Daily limit: The maximum amount you can deposit within a 24-hour period. Limit resets on a rolling basis, 24 hours after each transaction — not at midnight. Weekly limit: The maximum amount you can deposit over 7 consecutive days.

The deposit limits as shown on the deposit method selection for the app The deposit limits as shown on the deposit method selection for the webTypes of limits Minimum Deposit limit: Minimum amount you can deposit per transaction. Daily limit: The maximum amount you can deposit within a 24-hour period. Limit resets on a rolling basis, 24 hours after each transaction — not at midnight. Weekly limit: The maximum amount you can deposit over 7 consecutive days.

The withdrawal limits as shown on the withdrawal method selection for the app The withdrawal limits as shown on the withdrawal method selection for the webTypes of limits Minimum withdrawal limit: Minimum amount you can withdraw per transaction. Daily limit: The maximum amount you can withdraw within a 24-hour period. Limit resets on a rolling basis, 24 hours after each transaction — not at midnight. Weekly limit: The maximum amount you can withdraw over 7 consecutive days.

Before placing a trade, confirm: Suitability assessment completed Correct contract selected Correct direction (long or short) Order type chosen (limit or market) Margin amount entered Leverage set (up to 10x) Margin mode confirmed (consider portfolio margin) TP/SL set (if using) Liquidation price reviewed Funding rate noted Available margin confirmed You're comfortable with the order sitting unfilled (if using a limit order)Common beginner mistakes for X-Perps Placing a limit order and expecting

Limit orders may incur maker or taker fees, depending on execution. If a limit order matches immediately with an existing order, it’s treated as a taker order. If it’s placed on the orderbook and filled later, it’s treated as a maker order. In short, the fee applied depends on the order’s actual execution rather than the order type.3. How do I check my current fee rates and what are the fee rates for different levels?

We'll assess all affiliates monthly with immediate effect and adjust commission rates based on your affiliate level. Affiliates are assessed based on their: Invitees’ monthly trading volume Number of new or total traded invitees per month The default commission rate is 30%. If you meet the criteria for a higher level, you will be upgraded during next month to a higher commission rate.

What are my BLIK transaction limits? Select the Limit "i" icon in the "Pay with" section to know the BLIK transaction limits. Select the limit icon to view the transaction limit Daily, weekly and monthly limits reset on a rolling basis. View the difference in limits once it's selected If your BLIK transaction was declined due to exceeded limits, please contact your bank directly for assistance.

We'll assess all affiliates monthly with immediate effect and adjust commission rates based on your affiliate level. Affiliates are assessed based on their: Invitees’ monthly trading volume Note: CeDeFi trading volume is excluded from this assessment. Number of new or total traded invitees per month The default commission rate is 30%. If you meet the criteria for a higher level, you will be upgraded during next month to a higher commission rate.

OKX Europe Markets Limited is authorised and regulated by the Malta Financial Services Authority under the Investment Services Act.

On OKX, X-Perps funding is settled hourly.Depending on the funding rate and your position: When the funding rate is positive, long positions typically pay short positions When the funding rate is negative, short positions typically pay long positions Funding affects your total cost or return depending on: position direction, the funding rate at the relevant time, how long the position is held, and whether the position is open at funding settlement time.How fees and funding affect net PnL in X-perps