What's Hedge mode? Hedge Mode allows traders to hold both long and short positions simultaneously on the same contract. This mode is useful for managing risk, implementing advanced trading strategies, and hedging existing positions without closing them. It's widely used by both institutional and experienced retail traders to enhance risk control and adapt quickly to changing market conditions—all while keeping multiple positions active within the same contract.Why should I use hedge mode?

Flexible Royalties: In the traditional art world, royalties for artists are often set in stone. However, OKX recognizes that NFTs have opened new doors for artists to earn from their work, and it offers a range of royalty options. Artists can set their royalty rate anywhere between 0% and 10%.

Empowering creators and collectors We understand that the heart of the NFT space lies in its community of artists, creators, and collectors. By eliminating listing fees, we aim to empower every individual who wishes to participate in this ecosystem. This includes emerging artists looking to showcase their work and seasoned collectors searching for unique pieces to add to their portfolios.

And it's opened up new avenues for artists, creators, and collectors. OKX is a leading NFT platform with exclusive collections and the ability to trade NFTs from other major marketplaces, including Blur, OpenSea, MagicEden, and LooksRare.Unlocking the World of NFTs One of the most enticing aspects of the OKX NFT Marketplace is the sheer variety of NFT collections it hosts. Here, users can find art, music, virtual goods, and more made by famous artists from around the world.

These include: Music Concerts: Exclusive NFTs for popular artists' concerts have been in high demand, providing fans with collectible memorabilia and access to unique concert experiences. Sports Events: Rare digital collectibles tied to sports events and athletes have captivated fans and collectors, offering them a piece of history in the form of NFTs.

Currently, the platform doesn't impose any service fees and actively participates in primary market Launchpad activities through collaborations with builders, artists, creators, and celebrities. OKX Marketplace offers real-time access to orders from well-known NFT platforms like OpenSea, MagicEden, Looksare, IMX Official, Element, Blur, and more.

In Hedge mode, opening a position is not reduce-only by default, and the reduce-only option can’t be enabled manually. In Hedge mode, closing a position is reduce-only by default, and the reduce-only option can’t be turned off manually. 4. Always keep "post-only" orders. 5. Modify or cancel orders: After placing an order, you cannot manually change the price settings, order quantity, or maximum chase difference.How to use a chase order?

The system automatically identifies hedged positions within the same cryptocurrency (for example, BTC spot + BTC perpetual short). These hedged positions are ranked lower in the ADL (auto-deleveraging) queue, which reduces the likelihood of being auto-deleveraged. Unhedged positions follow the standard ADL ranking rules.4. What happens if my Delta equity ratio exceeds the limit?

If it's fully closed, only the short position will remain Hedge mode: This allows you to hold both long and short positions for the same contract at the same time. Positions in opposite directions don't close each other, allowing you to hedge risk. For example, if you hold a long position in a BTCUSDT perpetual futures contract, you can also open a short position in the same contract.

OKX NFT brings together renowned artists, game developers, creators, and NFT enthusiasts to create, discover, and trade NFTs. To help users better explore the market, identify popular collections, and analyze trends, the platform is organized into several key sections, including Featured, Rankings, and Activity.Key sections on OKX NFT include: Featured： Highlights curated NFT collections, drops, and projects selected by the platform.

Whether you're an institutional investor, hedge fund, or enterprise, we offer advanced trading tools, secure services, and scalable solutions to meet your needs. Explore how we can empower your institution in the rapidly evolving digital asset space.

What is OKX Drops OKX Drops is our exclusive NFT initial offering platform, featuring handpicked projects from builders, artists, creators, and celebrities. Drops enables users to discover and engage with top-tier NFT collectible offerings, ensuring the successful launch of NFT collections.2. What are the different types of Drops?

You can find various handpicked projects with builders, artists, creators, and celebrities here.What events does Drops support? Drops has successfully launched a wide range of activities, and you can now participate in various types of events, such as allowlist giveaway, mint, and airdrop subscriptions. Drops events are supported across multiple blockchains.

can be claimed from 12 am March 30 to 12 am April 10 (UTC+7) The first 10,000 OKX wallet holders to create an OKX Wallet, verify their age, provide email between the above dates, and are also Rolling Loud ticket holders (“Participant”), will be eligible to claim their pass (an upgraded benefits NFT package) All Participants will be entered into a drawing to win one of a range of prizes which may include, among other things, tickets to the 2024 Rolling Loud Festival, the opportunity to meet the artists

That means, if you use BTC-USDT perpetual to hedge options, it'll not bring any margin offset benefit. Portfolio margin liquidation starts with delta hedging, which means using perpetual or future to hedge delta risk instead of liquidating options directly to avoid slippage on options. Please be mindful of the account risk as liquidation could be very costly too.Which position type should I choose when trading Options on OKX?