Understanding the OKX Security Fund As a digital asset exchange offering leveraged products, OKX is committed to maintaining a stable and fair trading environment. A key component of our risk architecture is our Security Fund. This article explains the Security Fund's purpose, structure, funding mechanism, and outlines critical disclaimers regarding its operation.1. What's the Security Fund? The Security Fund is a segregated pool of assets, established and fully owned by OKX.

Below are the best practices when it comes to handling risky situations: What the OKX Security Assistant displays when there's a riskSingle-item uninstall vs. one-click uninstall Single-item uninstall: suitable when there are only a few risk items and you want to confirm their sources one by one.

Go to the security settings page Once you sign in to your account, you can hover over the profile icon at the main menu. A dropdown menu will be displayed, and you can select Security settings to proceed. We provide a variety of security measures to protect your account. You can review the completed and pending security items under the Security option.3. Activate security features Our users can secure their funds by activating the various account security measures shown on the Security option.

> Enter the Security Center Select Security on the user center page Select Passkeys Check if there are any Passkeys you didn’t create.

What is physical security key? A physical security key is a type of hardware-based authentication used to verify account access and transactions. Unlike software-based options, physical security keys work offline and are not reliant on cloud services, minimizing risks like account takeovers or unauthorized access.Why choose physical security key?

What is T+N (Security protection for buying crypto)? T+N refers to a security protection mechanism for cryptocurrency purchases. When you buy crypto through P2P on the platform, the system performs a comprehensive risk assessment of the transaction. Based on this assessment, it may temporarily restrict the withdrawal and P2P resale of the equivalent assets for N days.

Transparent User Practices with Proof of Reserves: OKX provides transparent monthly proof of reserves (PoR), enabling users to verify the security and solvency of the platform.

This includes unethical or misleading practices like fraud, lack of transparency, conflicts of interest, or failing to meet expectations. You can reduce this risk by choosing a licensed platform that clearly discloses any conflicts and the steps it takes to manage them. Still, this risk can't be fully eliminated.Regulatory Risk Regulatory oversight is designed to ensure that DPT platforms operate securely, transparently, and in your best interest.

Spot trading in demo mode allows you to practice buying or selling cryptocurrency directly. On the other hand, futures trading lets you practice entering contracts to buy or sell a certain amount of cryptocurrency at a specified future date and price.How can demo trading help improve my confidence? Demo trading allows you to practice your decision-making skills and strategies in a simulated environment.

This guide explains common causes and practical solutions to help you restore access quickly.Why is my OKX app not working? There are several reasons why the app may stop working or crash.

Transfer the remaining assets to a secure address as soon as possible Delete the compromised wallet and create a new one if necessary To delete a wallet, go to Web3 Wallet's main page > Wallet Management > Edit Wallet > Delete. Securely back up your wallet's mnemonic phrase and private key. Avoid taking screenshots as internet-connected devices may pose a risk of data leakage We recommend that you manually transcribe the mnemonic phrase and store it in a secured location.

It's a critical part of our commitment to responsible business practices and the protection of our platform’s ecosystem. How do I submit the anti-money laundering (AML) program questionnaire? Select Yes under the Additional info part on the Basic company info page Select Take questionnaire.

Have healthy trading habits: implement transparent risk management through stop-loss strategies, prioritizing user-centric trading practices to control drawdowns and protect the earnings of copy traders.6. What type of lead trader does OKX prefer and prioritize? Genuine: lead traders who employ a significant portion of their personal capital in their lead trades, assuming the same risk as their copy traders.

This ensures account ownership, improves security, and helps protect your account from unauthorized access. Insert the password you want to protect your account in the Password field. Ensure that it's complex and keep it confidential. Select Next once completed. Note: Use a combination of numbers, letters, symbols, and lower and upper case. Make sure you follow the best crypto security practices. Never share your password with anyone, including people claiming to work for us.

In practice, this strategy entails purchasing a crypto in the spot market (going long) while simultaneously selling the equivalent amount in the perpetual swap market (going short). This dual positioning can effectively cancel out potential gains or losses from price swings, thereby significantly mitigating risk. The primary profit is derived from collecting funding fees during the holding period, particularly when the funding rate is positive.