One article to review OKX’s top ten most popular user strategies and financial management of the year
In 2023, OKX product formats are in full bloom. In addition to the well-known OKX Web3 ecological products, OKX CEX’s business matrix is complete and very systematic. This article will focus on OKX CEX’s top ten most popular strategies financial products of the year. I hope that in It will help users’ investment choices in the new cycle. (The following products are ranked based on the number of users)
1. Earn coins simply
Reasons why it is popular among users: Subscription at any time, redemption in seconds, flexible and risk-free, helping users to improve the utilization rate of idle funds at any time
Cumulative number of users: 500,000+
product logic
Simple Money Earning is a low-threshold currency earning product that helps users improve the utilization rate of idle assets. Similar to Yubibao, it earns income by lending it to margin trading users in the lending market, and supports 24-hour subscription and redemption at any time.
2. Spot grid strategy
Reasons why it is loved by users: It helps users to automatically buy low and sell high in volatile market conditions, repeatedly arbitrage, and ensure profits to the greatest extent.
Cumulative number of users: 32 w+
product logic
Spot grid is an arbitrage product that automatically buys low and sells high within a certain price range. For example, in the ETH 1800-2200 range, the robot automatically buys when the price is low, and sells automatically when the price is high, creating a continuous cycle of arbitrage. The spot grid strategy has three advantages: first, automated trading. Once the strategy is set, the system will automatically execute it, so users do not need to pay attention to the market all the time; second, it can adapt to market fluctuations and make profits no matter whether the market rises or falls. Third, the risk is controllable. Users can customize the price range and take profit and loss.
3. Double currency win
Reasons why it is loved by users: Under the fluctuating and stable market, it helps users earn a relatively fixed rate of return.
Cumulative number of users: 9.9w, the cumulative amount of user subscriptions exceeds 5.6 billion US dollars
product logic
Dual Currency Win is a fixed income product, which is essentially a customized simple option. Users can enjoy a fixed rate of return after subscribing. However, the specific currency for repayment depends on whether the price of the currency the user wants to buy or sell reaches the target price at expiration. If the price of the currency the user wants to sell reaches the target price on the expiry date, the user can successfully sell the currency and obtain stable currency and additional income; if the price of the currency the user wants to buy reaches the target price on the expiry date, the user can buy low. , you can successfully buy and obtain the target currency and additional income, which is very suitable for stable market fluctuations.
4. Contract Martingale Strategy
Reasons why it is loved by users: It is a high-yield tool under volatile market conditions, which solves the problem of not being able to buy to the bottom and missing profit opportunities on corrections.
Cumulative number of users: 6 w+
product logic
Contract Martingale is a strategic product that supports two-way trading—that is, you can make profits by buying bottoms or catching pullbacks through both long and short positions. In addition, the contract martingale strategy can customize leverage and cycle profits, providing traders with more trading opportunities and flexibility.
5. Spot Martingale strategy
Reasons why it is loved by users: It helps users capture the profits of a slight rebound in the downward market, average costs and realize floating profits at the same time.
Cumulative number of users: 3 w+
product logic
Spot Martingale strategy is often used in the foreign exchange market in traditional finance. OKXs spot Martingale strategy combines the basic ideas of the traditional version with the characteristics of the crypto market to make a series of optimizations to balance the average cost of investors bargain hunting. For example, under the current market conditions, investors can choose to buy a spot DCA every time the market drops by 1-5%, and use the remaining funds to add positions in batches to reduce the total position cost. When the price rebounds, they can stop profit and exit. In the market, compared with simply holding digital currencies, the spot Martingale strategy is more flexible, capturing profits from slight rebounds and continuing to realize floating profits.
6. Tunbibao
Reasons why it is loved by users: One-click to collect coins + earn coins in big market conditions, supports multi-currency combinations, dynamically adjusts positions, and realizes combination arbitrage
Cumulative number of users: 1.8 w
product logic
Tunbibao is essentially an automated strategy that can intelligently and dynamically adjust positions in the currency combination selected by investors, using the exchange rate fluctuations between different currencies to earn and accumulate coins, lock in profits and increase potential coins. kind of positions to obtain excess returns. Whenever a big market situation occurs, it is difficult for ordinary investors to accurately bet on the currency with the best growth. Even if you are lucky enough to buy, you may miss part of the profit during the rise and fall. OKX’s Tunbibao can solve this problem to a certain extent.
7. Time-weighted strategy
Reasons why users love it: Helping large-capital users to automatically split orders to avoid excessive impact on the market.
Cumulative number of users: 1 w+
product logic
Time weighting is a strategy of taking orders in a time-sharing manner after splitting large orders. When users conduct large-amount transactions, in order to avoid excessive impact on the market, large orders need to be automatically split into multiple orders. This strategy will trigger split orders according to the interval set by the user. When entrusting, the order price is calculated based on the current latest bid/ask price and the price distance set by the user, and then a small order is entrusted to take the order.
The characteristics of time weighting are: splitting large orders, placing orders at regular intervals, and reducing slippage. The advantage of this strategy is that it will split large transactions into many transactions, enter the market at different times to take orders, and avoid stimulating the market with a single order. When the price meets the set conditions, the order can be quickly executed through taking orders, and these orders are entered in the IOC mode. IOC (Immediate Or Cancel) is to execute the transaction immediately and cancel the remaining part of the entrusted order that has not been executed immediately. will be canceled immediately. For example, if the number of orders is 2 and only 1.6 are traded, the remaining 0.4 will be canceled immediately to reduce slippage as much as possible.
8. Earn coins on the Ethereum chain
Reasons why it is popular among users: One-click transfer, no handling fees, and ultra-low pledge threshold
Cumulative amount of pledged Ethereum: 50 w+
product logic
It mainly provides currency holders with the opportunity to earn on-chain income. Investors can participate in PoS staking at any time on OKX without paying network fees. When investors stake Ethereum, rewards are issued in the form of BETH.
9. The treasure of copying the bottom and the treasure of escaping from the top
Reasons why it is popular among users: Help investors buy low prices and ship high prices as much as possible, with zero handling fees
Cumulative number of users: 1 w+
product logic
Guidingbao is a strategic trading method of shipping at a premium. If you want to sell a certain number of tokens higher than the current market price, but at the same time you are worried that the price of the pending order is too high and the transaction cannot be completed. At this time, use the Guidingbao strategy to lock in high-price sales. After expiration, you can be guaranteed to sell a certain proportion or all of the locked digital assets at the pending order price.
Dip hunting is also a strategic trading method of bargain hunting. If you want to buy a certain number of tokens lower than the current market price, but at the same time you are worried that the price of the pending order is too low to be completed. At this time, use the bargain hunting strategy to lock in low-price purchases. After expiration, you can be guaranteed to buy a certain proportion or all of the locked digital assets at the pending order price.
10. Seagull
Reasons why users love it: Financial products in trending markets help users gain objective benefits in the right trends.
product logic
Haiou is the latest structured financial product launched by OKX in December. Currently, there are more than 1,500 users using Haiou to earn income. It is a member of the OKX structured financial matrix. The essence is still a simple option, which is mainly divided into two directions: bullish Seagull and bearish Seagull. Bullish Seagull supports users to invest in USDT, and bearish Seagull supports users to invest in BTC and ETH. In less than a month since it was launched, the user subscription amount has reached 356 million.
