ApeX Omni Event Tutorial: How to Trade 3-Minute Crypto Options On-Chain

 

Sometimes you just know Bitcoin is going to move higher or lower over the next few minutes,, but you're unsure exactly how far or low it will go. Apex Omni Event solves this by letting you predict only the direction of the next move. If the price finishes higher when the timer expires, you win. If it finishes lower, you lose.

 

To understand how it works, we opened multiple orders with different settlement periods, paying attention to execution speed, profit percentage, and settlement.

 

The trading style is similar to Binary Option trading, but instead of putting your money on scam sites that randomly disappear before you can even withdraw, Event trading on Apex Omni is fully decentralized and transparent. The exchange cannot manipulate prices or pause withdrawals. 

 

Traders enjoy full custody of their assets. Connect preferred Web3 wallets. Open trades without KYC and execute orders within seconds. 

 

The platform offers spot, futures, and event trading, giving users access to interact with crypto assets. Event trading uses a completely different model. It does not require a complex trading strategy like futures trading, but it comes with significant risks, including the risk of full liquidation within a short period. So, we suggest that traders test this offer with a small amount of capital. 

 

If you would rather stick to perpetual futures trading, read our Apex Omni tutorial for a detailed guide on how to use Apex Omni and other passive income options available on the exchange. 

 

What is Event Trading on Apex Omni?

 

Apex Omni Event trading allows users to speculate on the direction of an asset's price. You only need to determine if the price goes up or down. It currently provides access to four trading pairs without a trading fee. 

 

You can trade BTCUSDT, ETHUSDT, XAUUSDT, XAGUSDT, and CLUSDT for free. 

 

The zero-trading-fee structure is not the only benefit; we also found that event trading does not incur funding fees because there are no short or long traders and users do not hold positions for extended periods. Your order can only stay open for 3 minutes to 1 hour before the exchange settles it. 

 

Instead of trading fees, Apex adjusts the payout percentage (profit) based on your prediction. You can earn up to 86.1% profit by predicting whether an asset's price will go up or down. 

 

See the actual payout rate per trading pair at the time of writing below. 

 

⚠️ The Catch: While a successful trade yields a high payout, an incorrect prediction results in a 100% loss of your staked capital.
 

For example, on BTCUSDT with a maximum 'Up payout rate' of 85.8%: if you open a position with $10 and win, you walk away with $18.58 (your $10 stake + $8.58 profit). However, if the price moves against you by even a fraction of a cent at settlement time, your entire $10 stake is lost.

 

Personally, we wouldn't risk large capital on trading. Even though it is pretty straightforward to navigate, it requires solid candle-reading skills to determine short-term price movements. 

 

What surprises us about event trading on Apex Omni

 

Fast payout is one reason some traders use this option, but after multiple trades, we realized that the settlement period affects trades differently, so the shortest period may not always be the best. 

 

We placed a $20 USDT bet and predicted that Bitcoin's price would go ‘UP’ within a 3-minute settlement period in our first trade. The prediction was correct, resulting in an 81.6% payout rate. That gave us a total of $16 USDT in profit. 

 

A trader with the same position but a longer settlement period may not win.

 

The outcome of a trade also depends on the settlement time. A user can lose by using a short time window, then watch the price move as they predicted in just 30 seconds after the order is settled. Similarly, a long window may backfire if the asset reaches the target price but dips before the trade officially settles. 

 

Want to execute your first Event trade? Here is a clear guide for that

 

Step-by-Step Guide on How To Try Apex Omni Event 

 

Step 1: Visit the official Apex Omni website 

 

Step 2: Connect a Web3 wallet, such as MetaMask, to the exchange

 

If you are new to trading, see the list of the best Web3 wallets to use with Apex Omni, along with a guide to connecting a wallet in simple steps. 

 

Step 3: Deposit funds from the wallet into the exchange, then transfer funds from the ‘funding account’ to the ‘event account’

 

 

Step 4: On the exchange dashboard, click on ‘Perps’

 

Step 5: Select ‘Event’. This will take you to the trading Interface.

 

 

Step 6: Choose a trading pair. There are only 4 assets at the time of writing.

 

Step 7: Choose settlement period (up to 1 hour)

 

Step 8: Enter collateral amount. This needs to be between $2 USDT and $300 USDT.

 

Step 9: Predict price movement by clicking up/down 

• Up: You win when the closing price is higher than the opening price
• Down: You win when the closing price is lower than the opening price

 

 

Step 10: Your order is automatically created, and you view the open order under positions.

 

Step 11: Once the settlement timeframe expires, the order is settled and moved to order history.

 

Why You Should Try Event Trading 

 

This recommendation is strictly for experienced traders with a good knowledge of price prediction. We also consider market sentiment in our analysis. Beginners should read more about how to use the best crypto trading indicators to predict price movement. 

 

Now, here are 4 reasons you want to try event trading on Apex Omni

 

No-KYC: The exchange is a fully decentralized perps trading platform. This means anyone can access trading without identity verification or withdrawal limits. 

 

Seamless Interface: The trading interface is faster than the standard futures interface because it requires fewer steps; you can place an order live in 5 steps. 

 

Zero Wrongful Liquidation History: Traders may suffer wrongful liquidation due to price manipulation on exchanges. Currently, Apex Omni has no public history of wrongful liquidation, and the exchange ensures high security by relying on an aggregated oracle system. 

 

Instant trade execution: We set up an order in less than a minute, and execution took 5 seconds, as shown below. Also, trading incurs no gas fees aside from deposits and withdrawals to external wallets. 

 

Connect your wallet to start trading on Apex Omni.

 

4 Things to Keep in Mind About Apex Omni Event Trading

 

Win-or-Loss Strategy: Event trading is similar to prediction because it is a strictly win-or-lose strategy. When the price moves in the predicted direction, you win; if it moves against it, you lose all the money invested. 

 

Market Volatility: The crypto space is highly volatile. One unexpected news headline can invalidate the cleanest chart setup, especially on a 3-minute trade. 

 

Risk Management: Event trading requires proper risk management and discipline. The standard rule is never to stake more than you can afford to lose. Also, always assess crypto assets carefully before trading.

 

Liquidity & Odds: Percentage return (like 81%) is calculated per asset and based on market probability and pool depth. It can shift depending on how many people are betting on the same outcome.

 

Final Thought: What are the differences between Futures Trading and Event Trading 

 

Event and futures trading give traders access to trade derivative assets, but they operate differently. Futures traders can use up to 100x leverage on Apex Omni to increase capital efficiency and profit. Event trading does not have leverage.

 

Futures traders can manage risk efficiently by setting preferred stop-loss and take-profit. With that, traders can easily lock in profits and manage liquidations. This does not apply to event trading. Traders either win and get the payout rate or lose all the money staked. 

 

Finally, Apex Omni charges a 0.02% maker fee and a 0.06% taker fee on its futures positions and offers access to over 130 crypto assets. You can interact with up to 4 assets under event trading for free. 

 

Frequently Asked Questions

What is ApeX Omni Event?

ApeX Omni Event trading is similar to a regular prediction platform, where you have only two options. Traders predict whether an asset’s price will end higher or lower within a fixed time period, such as 3 minutes. The trade is settled once the settlement period elapses.

 

Is the Apex Omni Event different from perpetual futures?

Perpetual futures allow you to choose leverage, manage liquidation risk, and decide when to close your position. Event trading does not offer these. It only allows you to predict whether the asset's price will end above or below its current level by the time the countdown expires. It is useful for those who want exposure to short-term market movements without actively managing positions.

 

Can beginners use ApeX Omni Event trading?

Anyone can access event trading, but we won’t recommend jumping in with a lot of money if you are new to trading. The offer does not require a complex trading strategy, but your prediction can still fail no matter how certain it may appear from the start. Best to start with as little as $2 or $5 to see if it is a good fit for you.