OKEx Launches Crypto Futures Settled in Tether Stablecoin

Cryptocurrency exchange OKEx is to launch a range of cryptocurrency-based futures contracts settled in the stablecoin tether (USDT).

The exchange will support USDT pairs including bitcoin (BTC), ether (ETH), bitcoin cash (BCH), EOS, XRP, bitcoin SV (BSV) and Tron (TRX) with leverage between 1 and 100x when trading commences on Nov. 6, according to a press release issued Tuesday.

The firm claims its linear futures contracts will be easier for newbie traders to handle, as holders do not have to hedge the margin risk as they would with inverse contracts.

Read more:https://www.coindesk.com/okex-launches-crypto-futures-settled-in-tether-stablecoin

Leave a Reply

Your email address will not be published. Required fields are marked *