Setting up Options Trading on OKX in Singapore
Here's how to set up your Perpetual Swaps trade on OKX in Singapore.
Step 1: Navigate to Options
Open the OKX app.
Tap Trade, or the GRID button at the top left, and then select Options.
Step 2: Toggle between BTC or ETH contracts
Press on the drop down beside the asset to toggle the switch between BTC and ETH
Scroll to explore available contracts
Step 3: Choose your Option
Tap a contract e.g. ETH-USD-29DEC23-2400-C
Review the type Call or Put, strike price, and expiry date
Step 4: Set Your Order
Choose Limit or Advance Limit order
Choose the corresponding options from your selection - Limit: Basic Limit, IV Order, USD Price Order - Advance: Post, FOK, IOC
Step 5: Place the Trade
Tap Buy to purchase the option, or Sell to write one
Options trading is currently available only to Accredited Investors in Singapore. Verify as an Accredited Investor now, and gain access to Spot Margin
Note: Payment token derivatives and other services (including margin borrowing and structured products) are provided by OKX Financial and are unregulated. OKX Financial is not licensed in any jurisdiction. See OKX Financial Terms of Service and Risk Disclosure.
