Digital asset derivatives have become a cornerstone of modern crypto trading, and OKX delivery contracts offer traders a powerful way to capitalize on price movements—whether up or down—using real cryptocurrency as collateral. These contracts are settled in digital assets and come with fixed expiration dates: weekly (this week, next week), quarterly (this quarter, next quarter). This guide walks you through the complete process of using OKX delivery contracts directly from the mobile app, covering everything from fund transfers to opening and closing positions.
Whether you're new to futures trading or looking to refine your strategy, this step-by-step tutorial ensures clarity, precision, and control over your trades—all within a secure and intuitive interface.
Step 1: Transfer Funds to Your Delivery Contract Account
Before entering any trade, you must allocate capital to your delivery contract wallet. This involves moving funds from your spot account, savings wallet (like "Flexible Savings"), or other sub-accounts into the dedicated delivery contract account.
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To begin:
- Open the OKX mobile app.
- Tap on your total net asset value at the top of the homepage.
- Select "Fund Transfer" to access the transfer interface.
Next:
- Choose the cryptocurrency you'd like to transfer (e.g., BTC, ETH).
- Set the source account (e.g., Main Account) and destination (Delivery Contract Account).
- Enter the amount—or tap “All” to transfer the full balance.
- Confirm the transaction.
Once confirmed, your funds will be available for leveraged trading within seconds.
🔍 Pro Tip: Always ensure sufficient margin is allocated based on your intended leverage and position size to avoid liquidation during volatile market swings.
Step 2: Select Your Delivery Contract Type
With funds in place, navigate to the trading section:
- Tap the "Trade" tab at the bottom of the app.
- Select "Delivery Contracts".
You’ll see two main types:
- Coin-Margined Contracts (margin and P&L in cryptocurrency)
- USDT-Margined Contracts
For this example, let’s choose Coin-Margined Delivery Contracts, which are ideal for traders who prefer holding exposure purely in crypto.
Now select:
- The digital asset (e.g., Bitcoin, Ethereum)
- The contract expiry: This Week, Next Week, This Quarter, or Next Quarter
Each contract has standardized sizing:
- 1 BTC contract = $100 worth of BTC
- 1 non-BTC contract = $10 worth of that asset
This structure simplifies risk management and allows for precise position sizing across different coins.
Step 3: Configure Your Account Mode and Leverage
Precision in risk settings separates profitable traders from the rest. After selecting your contract, tap the menu icon (☰) in the top-left corner and go to Contract Settings.
Choose Your Margin Mode
You have two options:
- Cross Margin (Full Margin): All available balance in the account supports the position. Offers higher capital efficiency but increases systemic risk.
- Isolated Margin: Only a specified amount backs the trade. Limits potential losses to the allocated margin—ideal for conservative strategies.
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Adjust Leverage
Leverage can be adjusted dynamically:
- BTC supports up to 125x leverage
- Minimum is 0.01x (useful for hedging or low-risk exposure)
Higher leverage amplifies both gains and losses—use it wisely.
Customize Display Preferences
Under settings, you can also:
- Change pricing units (USD, CNY, etc.)
- Switch trading units between “number of contracts” or “coin amount”
These personalizations help tailor the interface to your trading style and regional preferences.
Step 4: Open and Close Positions
Now you're ready to execute trades.
On the main trading screen:
- Use Limit Order for precise price entry
- Choose Advanced Limit Order with time-in-force options
- Set Take-Profit/Stop-Loss orders automatically
Going Long vs. Short
- Tap "Buy" (Open Long) if you expect prices to rise
- Tap "Sell" (Open Short) if you anticipate a decline
Enter:
- Desired price
- Quantity (in contracts or coin value)
- Ensure your order price stays within the current bid-ask spread
Once submitted:
- If matched instantly, it appears under Positions
- If pending, it shows under Orders
To exit:
- From the Positions tab, select "Close Position"
- Choose between Close Long / Close Short
- Confirm execution method (market or limit)
All trades are recorded on-chain and settled upon contract expiration.
Frequently Asked Questions (FAQ)
Q: What is a delivery contract?
A: A delivery contract is a futures agreement that settles in actual cryptocurrency at a predetermined date—such as weekly or quarterly—allowing traders to profit from price changes using leverage.
Q: What’s the difference between coin-margined and USDT-margined contracts?
A: Coin-margined contracts use cryptocurrency (like BTC) for margin and settlement, meaning profits/losses are paid in that coin. USDT-margined contracts use stablecoins for more predictable valuation.
Q: Can I change leverage during an active trade?
A: Yes. You can adjust leverage anytime before closing the position via the Contract Settings menu.
Q: When do delivery contracts expire?
A: Weekly contracts expire every Friday at 08:00 UTC; quarterly contracts expire on the last Friday of each quarter.
Q: What happens if I don’t close my position before expiry?
A: The system will automatically settle your position at the final reference price. Profits or losses are calculated and credited in the underlying asset.
Q: Is isolated margin safer than cross margin?
A: Yes. Isolated margin limits risk to only the funds assigned to a specific trade, whereas cross margin uses your entire balance—increasing liquidation risk during sharp moves.
Step 5: Monitor Orders and Trade History
After placing an order:
- Filled orders appear under Positions
- Pending orders remain in the Orders tab until executed or canceled
To review past activity:
- Tap the menu (☰)
- Go to History > Order History
- View filled trades, cancellations, and settlement records
This transparency helps with performance tracking and tax reporting.
Final Thoughts
Mastering OKX delivery contracts empowers traders to take strategic positions on crypto volatility with flexible tools and robust infrastructure. From seamless fund transfers to granular control over leverage and order types, the mobile app delivers professional-grade functionality in your pocket.
Whether you're hedging portfolio risk or speculating on short-term moves, understanding how to navigate these features efficiently can make all the difference.
👉 Unlock advanced trading features and start executing high-potential strategies now.
By integrating sound risk management with technical precision, you set yourself up for long-term success in one of the most dynamic markets today.
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