OKX has expanded trading options for users, announcing the addition of OL/USDT margined perpetual futures, margin trading, and Simple Earn for OL.
OKX to Launch OL Perpetual Futures
The new features will be available on November 22, 2024, with specific timelines provided for each service.
Important Updates and Schedules
Perpetual Futures:
USDT margined perpetual futures for OL will go live on November 22, 2024 at 12:00 UTC.
Margin Trading and Simple Earnings:
These services will be activated for the OL/USDT trading pair from 14:00 on the same day.
Margin Trading: Details regarding tiered margin levels will be available in the Margin Lending Position Tiers section after listing.
Simple Earnings: Limits and rules for this service can be reviewed in the Introduction to OKX Simple Earnings and Rules section after the listing.
To ensure market stability during the initial launch, the funding fee cap for OL perpetual contracts will be set at 0.03% until 19:00 on November 22. After this period, the limit will revert to the standard 1.50%, and fees for this period will be charged at 15:00 on November 23.
The updates will be available in the OKX web and app interfaces as well as the API, ensuring seamless access for all users.
*This is not investment advice.