OKX, a leading cryptocurrency exchange, announced that it will list the altcoin ORBS in margin trading in a strategic move.
OKX ORBS Expands Its Services with Permanent Listing, Margin Trading and Simple Earnings Activation
Users can take advantage of margin trading, join Simple Earn, and participate in USDT margin perpetual swaps for ORBS starting at 7:00 AM on October 17. These updates will be seamlessly integrated via web, application interfaces and API.
Details on tiered margin levels can be found in the Margin Borrowing Position Tiers upon official listing.
It is worth noting that fluctuations may occur during the initial launch of a new contract. To ensure fair pricing, the funding rate will be capped at 0.03% before 19:00 on October 17.
Then, after 19:00 on October 17, the upper limit of the projected funding rate will return to the standard 1.50%. The funding fee for this period will be applied at 11:00 on October 18.
*This is not investment advice.