Trading in the fast-moving world of cryptocurrencies demands precision, speed, and automation. One of the most powerful tools available to traders on advanced platforms like OKX Futures is the conditional or delegated order—a feature that allows you to set trading instructions in advance so they execute automatically when market conditions are met. This means you don’t have to stay glued to your screen 24/7 to capitalize on opportunities or protect your positions.
In this guide, we’ll explore how OKX Futures supports multiple access points to its order placement functionality, the types of orders available, and how to use them effectively to enhance your trading strategy.
What Are Delegated Orders?
Delegated orders—also known as conditional or pending orders—are pre-set instructions you give to the exchange to buy or sell a contract at a specific price or under certain conditions. Once those criteria are met, the order executes automatically, even if you're offline.
This automation is crucial for:
- Managing risk with stop-losses
- Locking in profits via take-profit orders
- Entering markets at optimal prices without constant monitoring
On OKX Futures, these tools are deeply integrated into the trading interface, offering both accessibility and flexibility.
Types of Delegated Orders on OKX Futures
OKX supports a comprehensive suite of order types designed for both beginner and professional traders. Here’s a breakdown of the most commonly used ones:
Limit Order
Set a specific price at which you want to open or close a position. The trade only executes when the market reaches that price or better.
Market Order
Execute immediately at the best available current market price. Ideal for urgent entries or exits, though slippage may occur in volatile markets.
Take-Profit Order
Automatically closes a position when the price reaches a predefined favorable level, helping secure gains without manual intervention.
Stop-Loss Order
Triggers a market or limit order when price moves against your position and hits a threshold, minimizing potential losses.
Trailing Stop Order
A dynamic version of the stop-loss. It adjusts automatically as the market moves in your favor, locking in profits while still protecting against reversals.
Conditional Order
Set complex triggers based on price, time, or technical indicators. For example: “If BTC/USDT drops below $60,000, place a short order.”
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These order types empower traders to build robust strategies that run autonomously—essential in the 24/7 crypto futures market.
How to Place a Delegated Order on OKX Futures
Placing an order is simple and intuitive:
- Log in to your OKX account and navigate to the "Futures" tab.
- Choose your desired trading pair (e.g., BTC-USDT-SWAP).
- In the "Order" panel, select the type of delegated order you wish to place.
Enter key details:
- Direction (Buy/Sell)
- Quantity
- Trigger price (for conditional orders)
- Execution price (for limit orders)
- Leverage level
- Click "Place Order" to confirm.
Once submitted, your order waits in the system until conditions are met—or you cancel it manually.
Dual Access Points: Two Ways to Use Delegated Orders
One of the standout features of OKX Futures is its dual-access design for order management. Traders can interact with delegated orders through two distinct entry points:
1. Trading Page – Quick Access Panel
Located on the right side of the main futures trading interface, this compact "Order" panel allows rapid input of common order types. It's ideal for:
- Fast execution
- Real-time adjustments
- Monitoring active orders alongside price charts
You can view open positions, set stop-loss/take-profit levels, and modify leverage—all without leaving the charting area.
2. Dedicated Order Management Interface
By clicking the "Orders" tab at the top of the trading page, you enter a full-featured dashboard focused solely on order control. This standalone interface offers:
- Advanced filtering (by status, symbol, date)
- Bulk editing and cancellation
- Detailed order history and execution logs
- Conditional logic builder for complex triggers
This separation between quick-action tools and deep management functions ensures both efficiency and precision.
👉 Access advanced order tools that give you full control over your trading strategy.
Managing Your Orders Effectively
After placing delegated orders, ongoing management is key to aligning with changing market dynamics. Here’s what you can do:
Modify Orders
Adjust price levels, quantities, or trigger conditions before execution. For example, widen your stop-loss during high volatility.
Cancel Orders
Remove inactive or outdated orders to avoid unintended executions.
Track Order History
Review past executions to analyze performance and refine future strategies.
Using both access points wisely lets you balance speed and depth—quick trades from the main panel, strategic oversight from the dedicated interface.
Tips for Smarter Delegated Trading
To get the most out of OKX’s futures order system, consider these best practices:
- Use limit orders for better price control, especially in low-liquidity markets.
- Always pair positions with stop-loss and take-profit orders to automate risk management.
- Avoid over-leveraging, as amplified exposure increases both reward potential and liquidation risk.
- Test strategies in a demo environment first, especially when using complex conditional logic.
- Regularly audit open orders—markets change quickly, and stale orders can lead to unexpected outcomes.
Frequently Asked Questions (FAQ)
Q: Can I place delegated orders on mobile using the OKX app?
A: Yes. The OKX mobile app fully supports all delegated order types and provides access to both the quick-order panel and full order management interface.
Q: Are there fees for placing or canceling delegated orders?
A: No. You are only charged fees when an order executes. Placing, modifying, or canceling orders is free.
Q: What happens if my internet connection drops after placing an order?
A: Since orders are processed on OKX’s servers—not your device—they remain active regardless of your connectivity status.
Q: Can I set multiple take-profit levels on a single position?
A: Yes. OKX supports partial profit-taking with multiple TP levels, allowing phased exits for better gain optimization.
Q: Is there a delay between trigger and execution?
A: Execution is typically near-instantaneous, but slight latency may occur during extreme volatility or flash crashes due to market depth and matching engine load.
Q: Do delegated orders work during weekends or holidays?
A: Absolutely. The system operates 24/7, making it perfect for global crypto markets that never sleep.
Final Thoughts
Delegated orders are not just convenient—they’re essential for modern futures trading. On OKX, the combination of diverse order types and dual access points gives traders unmatched flexibility and control.
Whether you're executing rapid trades from the main dashboard or building sophisticated conditional strategies in the dedicated interface, OKX equips you with professional-grade tools designed for real-world effectiveness.
👉 Start using intelligent order automation today and take your trading to the next level.