OKX's simulated trading is very suitable for beginners. If you are just starting to invest in cryptocurrencies but don't know how to play, simulation is one of the best ways to get started. It can quickly help you understand the rules before moving on to real trading.
Detailed operation guide for simulated trading on OKX:
- Account Preparation
Register and Log In
OKX is one of the three major exchanges globally, and registration offers a 20% discount on trading fees!
OKX (overseas) registration link: https://www.okx.com/join/97763692
OKX/Binance/Huobi - Register/Download: http://18907.cc
Binance domestic registration: https://www.binance.com/zh-CN/join?ref=565010509
Visit the official website or download the app to complete registration, which requires email/phone verification and identity authentication.
If you already have an account, log in directly, and the system will automatically allocate 100,000 USDT in simulated funds.
Entry Selection
APP: Click the function icon in the upper right corner of the homepage → Select [Simulated Trading]
Web: After logging in, select [Trading] → [Trading Camp] → [Simulated Account] from the top navigation bar.
- Trading Operation Process
Select Trading Variety
Supports perpetual contracts and spot trading pairs such as BTC/USDT. It is recommended that beginners practice mainstream cryptocurrencies first.
You can switch between USDT contract and coin-based contract modes, with a default leverage of 5 times (which can be manually adjusted).
Order Settings
Choose [Buy Long] or [Sell Short], supporting order types such as limit orders, market orders, and stop-loss orders.
After entering the trading quantity, the system will calculate the estimated margin and liquidation price in real-time.
-
Functional Features
Real-time Data: The simulated market is completely synchronized with the real market, including depth charts and candlestick tools.
Strategy Testing: Supports advanced features such as grid trading and conditional orders, and allows backtesting of historical data.
Risk Warning: Simulated trading will be marked with a "DEMO" label, and all profits and losses are virtual data. -
Learning Suggestions
Beginners are advised to complete the [Trading Camp] tutorial provided by the platform first.
After daily simulated trading, you can review trading records through the [Asset Analysis] feature.
Once you are proficient, use a small amount of real funds to validate your strategy.
Some activity pages allow for additional rewards of 5-50 USDT in simulated funds upon registration.