How to Go Long on X-Perps

Going long on X-Perps (Expiry Perps) means opening a position that profits if the price of an asset rises. This guide provides information on how to open a long position on OKX. X-Perps are available to eligible traders in the EEA only.Before you start, make sure you have completed the appropriateness assessment and have funds in your trading account. If that is not the case yet, learn more here and find out how you can start trading X-Perps on OKX, step by step.

1. Navigate to the X-Perps trading interface

2. Select the market you want to trade; for example, BTC

3. In the order panel, set your leverage using the leverage selector

4. Select your order type, limit or market

5. Enter your position size or margin amount

6. Set a take-profit and stop-loss: TP/SL can be set in the order panel before confirming

7. Click Buy / Long to open the position

8. Confirm the order details and submit

1. Open the OKX app and navigate to X-Perps

2. Select your market

3. Tap the order panel and set your leverage

4. Select limit or market order

5. Enter your position size

6. Set a take-profit and stop-loss

7. Tap Buy / Long and confirm

Before submitting a long position, review:

• Your leverage setting and the resulting liquidation price

• Your stop-loss level: This limits how much you can lose if the price falls

• The current funding rate: If positive, you will pay funding at each 8-hour interval while the position is open

• Your available margin and margin mode

Trading in financial instruments involves a significant risk of loss and may not be suitable for all investors. If you invest in X-Perps or other derivatives you may lose some or all of the money you invest. X-Perps are leveraged instruments; leverage can amplify both gains and losses. The value of investments and any income derived from them can go down as well as up, and you may not recover the amount originally invested. Past performance is not a reliable indicator of future results. You should carefully consider your investment objectives, level of experience, and risk appetite before engaging in any trading activity.

OKX Europe Markets Ltd ("OEM"), which is authorised and regulated by the Malta Financial Services Authority (MFSA) under the Investment Services Act (Chapter 370 of the Laws of Malta) as a Investment Services Licence Holder (Licence No. OEML-15905).

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