OKX Announces Listing of USDT-Margined Perpetual Futures for ZKSync (ZK)
OKX, the cryptocurrency exchange, has revealed that it will be listing USDT-margined perpetual futures for ZKSync (ZK) on June 18, 2024, at 8:30 am UTC. Additionally, the platform will activate ZK margin trading and Simple Earn options on June 19, 2024, at 4:00 am UTC.
Margin Trading and Simple Earn Options
Here are the key details about the margin trading and Simple Earn options for ZK on OKX:
- Introduction of spot margin trading for ZK/USDT pair
- Availability of tiered margin levels and Simple Earn limits post-listing
To access margin borrowing position tiers and Simple Earn rules, users can visit the OKX official site once the listings go live.
Perpetual Futures Trading in ZK/USDT
Details about the ZK/USDT perpetual futures trading on OKX:
- USDT settlement with a face value of 10 and a tick size of 0.0001
- Leverage options from 0.01x to 50x, with 24/7 trading availability
- Funding fee cap between -0.75% and 0.75% initially, reverting to 1.50% post 4:00 pm UTC on June 18, 2024
Users can find more information on rules and agreements in the OKX Perpetual Futures Trading User Agreement.
Enhancements for Traders
OKX aims to offer traders more flexibility and options in their trading strategies with these updates:
- Availability of updates on OKX’s web and app interfaces and through its API
- Consistent addition of new features to meet the evolving needs of the cryptocurrency trading community
A Closer Look at OKX’s New Offerings for ZKSync (ZK)
Cryptocurrency exchange OKX is set to introduce USDT-margined perpetual futures for ZKSync (ZK) on June 18, 2024, at 8:30 am UTC. Along with this listing, OKX will activate ZK margin trading and Simple Earn options on June 19, 2024, at 4:00 am UTC. Traders can expect more trading flexibility and opportunities with these new offerings from OKX.
The Details of Margin Trading and Simple Earn Options
If you’re interested in margin trading ZK/USDT or exploring Simple Earn options, OKX will provide spot margin trading for the ZK/USDT pair. They will also disclose detailed information about margin levels and Simple Earn limits post-listing. Make sure to visit the OKX official site once the listings go live to access these features.
Exploring Perpetual Futures Trading in ZK/USDT
For those looking to engage in perpetual futures trading, the ZK/USDT futures on OKX will offer USDT settlement with specific leverage options ranging from 0.01x to 50x. With 24/7 trading availability, traders can take advantage of the flexibility in trading hours. Keep an eye out for the funding fee cap adjustments and refer to the OKX Perpetual Futures Trading User Agreement for detailed rules and agreements.
Empowering Traders with Enhanced Features
By expanding its offerings, OKX aims to empower traders with more options and opportunities in the cryptocurrency market. The updates will be accessible through OKX’s web and app interfaces and API, ensuring that traders have a seamless experience across various platforms. Stay tuned for further enhancements as OKX continues to evolve to meet the needs of the trading community.
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