Wednesday , September 28 2022

OKEx Crypto Exchanger Launching Output & Perpetual Exchange & # 39;



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Malta-based cryptocurrency exchange OKEx has launched a new derivative product of the Perpetual Exchange Trading name, according to a shared press release with Cointelegraph December 3.

Swap Perpetual is a virtual, virtual, virtual, virtual, virtual, virtual, virtual, virtual, virtual, virtual, virtual, virtual, virtual, virtual, virtual, virtual, virtual, virtual, It is reported that its mechanism is very similar to a future contract, but with no settlement ending and daily. Each exchange contract has a notional value of $ 100 Bitcoin (BTC) equivalent.

According to the relief, the new derivative product allows users to perform permanent exchanges, future contracts, and trade with boundaries and bodies at the same time. OKex will say that it will start trading Perpetual Exchange on December 11.

Contract trading allows consumers to buy and sell digital money at predicted prices at certain times in the future, giving investors and traders the opportunity to open long and short jobs.

Lennix Lai, Director of the OKEx Financial Market, stated: "We would like to remind our users, because of its ambitious nature, the implementation of risk management strategies is just as crucial in trading."

In October, OKEx made over 50 trading pairs with weak liquidity and trading volume. Later in November, the exchange announced that it offered a second swathe of trading pairs due to "weak liquidity" in order to "create a strong trading environment and offer the best trading experience" for traders.

In late November, leading a digital currency exchange Huobi Huobi Expanded Market Huobi (Huobi DM) launched, allowing customers to participate in cryptocurrency contract trading at the rising and falling cryptocurrency prices.

In press time, OKex is the largest cryptocurrency re-exchange in the world in terms of a daily trading volume that has been modified, which is around $ 523 million, according to CoinMarketCap.

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