Exciting News: OKX Launches NOTUSDT Perpetual Futures
Exciting news for cryptocurrency enthusiasts! The leading exchange OKX has introduced USDT-margined perpetual futures for NOT cryptocurrency. Starting on May 16, 2024, at 12:30 pm UTC, users can take advantage of this new offering. In addition to perpetual futures, NOT margin trading and Simple Earn will be available from May 17, 2024, at 4:00 am UTC, across all interfaces including web, app, and API.
Margin Trading and Simple Earn Features
OKX has activated spot margin trading for the NOT/USDT pair. Users can access detailed information about tiered margin levels and Simple Earn limits in the official listing after the launch. Here are some key points to note:
- Spot margin trading for NOT/USDT pair
- Information on tiered margin levels and Simple Earn limits available after the official listing
Key Features of NOTUSDT Perpetual Futures
The NOTUSDT perpetual futures come with various features to enhance trading experience. Here are some aspects to consider:
- Underlying index: NOT/USDT
- Settlement crypto: USDT
- Face value: 100
- Price quotation: 1 NOT value in USDT equivalent
- Tick size: 0.000001
- Leverage: 0.01-50x
- Trading hours: 24/7 availability
It is crucial to understand the premium and funding fee limits associated with the new contract. Here are some important points to consider:
- Ensure to monitor premium stability
- Upper limit for funding fee set at 0.03% before 4:00 pm UTC on May 16, 2024
- Normal funding fee of 1.50% after the stipulated time
Users can refer to the OKX Perpetual Futures Trading User Agreement for detailed rules and regulations regarding NOT USDT-margined perpetual futures. This expansion of services by OKX provides users with more opportunities in the dynamic crypto market.
Hot Take: Embrace the Thriving Crypto Market with OKX
Are you ready to explore new possibilities in the crypto market? Don’t miss out on the latest offering from OKX – NOTUSDT perpetual futures. Stay ahead of the curve and leverage these opportunities to enhance your trading experience. Keep an eye on the premium and funding fee limits to make informed decisions. With OKX’s commitment to innovation, you can expect more exciting developments in the future. Get ready to dive into the world of crypto trading with OKX!
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