The difference between Ouyiokex capital account and trading account

OKEx provides capital accounts and trading accounts with different functions: Capital account: stores and manages assets, including recharge, withdrawal and transfer. Trading account: Execute transactions, including order placement, position closing and position management.

The difference between OKEx capital account and trading account

OKEx provides two account types: capital account and trading account. There are the following key differences between them:

Function

• Funding Account: Used to store and manage assets, including top-ups, withdrawals, and transfers.
• Trading account: Used to execute transactions, including placing orders, closing positions and managing positions.

Asset Management

• Funding Account: Can store various cryptocurrencies and fiat currencies.
• Trading Account: Only store specific cryptocurrencies for trading.

Fund Flow

• Funding Account: Can recharge from external wallet or withdraw money to external wallet.
• Trading account: Funds can only be transferred in or out from the capital account.

Trading ability

• Funding account: Unable to trade.
• Trading Account: Can perform various types of transactions, such as spot trading, contract trading and leverage trading.

Transfer

• Funding Account: You can transfer money to the trading account, but you cannot transfer money from the trading account to the capital account.
• Trading account: You can transfer funds out of the capital account, but you cannot transfer funds in.

Financial Records

• Fund Account: Shows recharge, withdrawal and transfer records.
• Trading account: Display transaction records, position details and account balance.

Example

Suppose you want to buy Bitcoin and trade it. You need to:

1. Recharge funds to your capital account.
2. Transfer funds from your funding account to your trading account.
3. Place an order to buy Bitcoin in your trading account.
4. Manage your Bitcoin positions in your trading account, including closing and stopping losses.

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