Key Trading Information

Before trading on OceanXZ, users should understand the following basics to reduce risks and trade with confidence:

1.Understand the Risks

Digital asset prices are highly volatile. Only invest what you can afford to lose.

Example: High volatility means higher risk — prices can change quickly.

2.Check Account Status & Complete KYC

Complete KYC verification to unlock full trading and withdrawal features.

View the step-by-step guide here.

Example: Identity verification (KYC) page.

3.Know Order Types

Understand the difference between:

• Market Order – Executes immediately at current market price.
• Limit Order – Executes at a specified price.

Example: Selecting Limit or Market Order on Spot Trading page

4.Review Trading Fees

Always check the “Fee” column in Trade History to understand the actual cost of your trades.

Example: Review the trading fee charged in your Trade History before placing new orders.

5.Verify Trading Pairs

Always double-check the trading pair and price before placing an order.

Example: Ensure you are trading the correct pair before placing an order.

6.Secure Your Account

Enable Two-Factor Authentication (2FA) via Google Authenticator and never share your password or OTP with anyone.

View the step-by-step guide here.

Example: Connect Google Authenticator to enable 2FA protection.