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Of late, the buzz word among the gamut of cryptocurrencies is derivatives products launch and gaining traction of these products.
The reputed global digital asset exchange, ‘OKEx’, has recently made an announcement of the launch of USDT Futures Margin Trading, which is a linear futures contract.
Today, the exchange rolls-out testing for a series of USDT futures products (simulation), that are actually set to launch in November. 9 digital assets would be available to speculate on using the USDT futures, including BTC, LTC, and ETH.
The launch means that traders will not have to put up volatile cryptocurrencies as collateral for margin, making trading easier to track.
They live is scheduled to be on November 06th, Okex is most likely to commence futures trading settled in tether rendering support to bitcoin (BTC), ether (ETH), bitcoin cash (BCH), ripple (XRP), tron (TRX), bitcoin SV (BSV) and EOS with leverage upto 100x
OKEx provides a wider derivative portfolio with a greater variety of underlying currencies and more comprehensive functionality to meet users’ trading requirements.
