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Latest news

OKX to list perpetual for ZERO crypto, along with its margin trading and Simple Earn

We are pleased to announce that USDT-margined perpetual futures for ZERO will be enabled at 8:30 am UTC on May 6, 2024. ZERO margin trading and Simple Earn will be enabled at 4:00 am UTC on May 7, 2024. The updates will cover both the web and app interfaces as well as the API. The details are as follows: I. Margin trading and Simple Earn Spot margin trading will be activated for the following pair: ZERO/USDT. For the details of the tiered margin level, please refer to Margin Borrowing Position Tiers after the official listing. For the limits of Simple Earn, please refer to the Introduction to OKX Simple Earn and Its Rules after the official listing. II. Perpetual futures trading ZEROUSDT perpetual futures: Features Details Underlying ZERO/USDT index Settlement crypto USDT Face value 1000 Price quotation 1 ZERO value calculated in USDT equivalent Tick size 0.0000001 Leverage 0.01-50x Funding fee Clamp(MA([(Best bid + Best offer) / 2 – Spot index price] / Spot index price – Interest), -0.75%, 0.75%), Interest = 0 Note: Funding fees are received and deducted based on the current period. Trading hours 24/7 Note: When a new contract is launched, the premium is unstable. To avoid unreasonable charges, the upper limit of the funding fee before 4:00 pm UTC on May 6, 2024 is 0.03%. After 4:00 pm UTC on May 6, 2024, the upper limit of the predicted funding fee will be adjusted back to normal 1.50%. (The funding fee for this period will be charged at 12:00 am UTC on May 7, 2024.) The price limit rules of ZERO USDT-margined perpetual futures trading are the same as those of other currencies. Please refer to our perpetual futures trading guides for further details. USDT-margined perpetual futures trading: OKX Perpetual Futures Trading User Agreement OKX team May 6, 2024

Published on May 6, 2024
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Become the top USD merchant and boost your visibility with featured ads

Are you a Merchant trading in USD? We're offering you a chance to win a featured ad spot in USDT and USDC pairs. Your ad will be at the top of the P2P marketplace for 3 days for maximum exposure and traffic. Campaign period: May 6, 2024, 15:00 UTC - June 10, 2024, 23:59 UTC How do I qualify? You must be a Super or Diamond Merchant. You've completed at least 300 trades worth a total of at least 25,000 USDT within the last 7 days. Trades must be made in USD/USDT or USD/USDC pairs. How can I participate? Join the campaign on the campaign landing page. How to win Each week, we'll select 2 winners per trading pair (total of 4 per week). Here's how you can climb the ranks: Complete at least 300 trades and 25,000 USDT in trading volume within the past 7 days. Trade with a variety of users. The more unique users you trade with, the higher your chances of winning! Winners will be notified through email 24 hours before their ad goes live. Learn more about the OKX P2P Merchant Program What's the P2P Merchant Program? OKX P2P Verified Merchant service agreement Disclaimer for P2P trading services Terms and Conditions This campaign shall commence on May 6, 2024, 15:00 UTC and end on June 10, 2024, 23:59 UTC. Participants must have a verified account at OKX with KYC level 2 completed. The campaign is only applicable to OKX Super and Diamond P2P Merchants. Check your status here. Only trades made in USD currencies are eligible for this campaign. Participants must register by clicking the Join button on the campaign landing page. Once a user has successfully joined the campaign, the button will be changed to Joined. Only USDT & USDC ads can get a "featured ads" slot. Merchants must make at least 300 trades with a net volume of at least 25,000 USDT within the 7 days prior to each week's giveaway to qualify for this campaign. Rewards will be distributed in the form of featured ads. One winner will be selected every week for each currency and the ads will be live for 3 days. OKX reserves the right to disqualify users who engage in fraudulent or abusive activities during the campaign, including bulk account openings to earn more rewards and other activities related to illegal, fraudulent or harmful purposes. Winners will be contacted through email 24 hours before activating featured ads. The featured ad will be removed if at any time the Merchant's price is 2% higher than that of its predecessor Merchant on the advertisement page. If any participant is found or deemed to be ineligible, prohibited or disqualified for this activity for any reason, OKX reserves the right to confiscate, withdraw or withhold any prizes, rewards or gifts at any time, or to recover such rewards and/or deduct the value of the used portion of such rewards from the winner's OKX account in any currency in which the rewards have been paid and/or used. Each OKX account shall be eligible to participate in the promotion once. Sub-accounts will not be eligible to participate or receive any rewards. OKX reserves the right to cancel the eligibility of any participant who engages in dishonest or abusive behavior in this activity, including but not limited to registering multiple accounts to obtain additional rewards, engaging in laundering trades, and any other activities related to illegal, fraudulent or harmful purposes. Serious cheating may result in your OKX membership status being downgraded, account frozen or termination of membership. OKX reserves the right to interpret the terms and conditions of this promotion in a manner it deems appropriate, and reserves the right to change or modify these terms and conditions at any time. This campaign excludes residents from the following jurisdictions: Nigeria, Hong Kong, Cuba, Iran, North Korea, Crimea, Malaysia, Singapore, Syria, the United States of America, including all USA territories like Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands (St. Croix, St. John and St. Thomas), the Bahamas, Canada, the Netherlands, the United Kingdom (specifically regarding our derivatives-related Services for retail users), Bangladesh, Bolivia, Donetsk, Luhansk, and Malta. This campaign does not constitute or shall not be considered as a recommendation to deal in any products, or investment advice. Digital assets are speculative and highly volatile, can become illiquid at any time, and are for investors with a high-risk tolerance. Investors in digital assets could lose the entire value of their investment. Disclaimers This campaign is (i) not an offer, recommendation or solicitation of an offer to buy, sell, or otherwise deal in any digital asset; and (ii) not intended to provide any advice or recommendation (regardless of investment, trading accounting, legal, tax, or otherwise). This campaign is also not intended for distribution to, or access by any person in a jurisdiction where such distribution or access would be contrary to applicable laws or regulations. Persons accessing and/or participating this campaign are required to inform themselves about and observe such restrictions. Digital assets are speculative and highly volatile, may become illiquid at any time, and are high-risk. Persons dealing in digital assets may lose the entire value of their assets. The value of digital assets, including but not limited to stablecoins, can and do fluctuate greatly from time to time. The value of any reward under this campaign at the time a participant qualifies for such reward may not be equal to the value of such reward at the time of distribution to the participant. Due to such fluctuations, users may experience a significant increase or decrease in the value of their assets at any given moment. Any and all applicable taxes and all fees and additional expenses, including connection, installation, and/or service costs, related to acceptance and use of the reward are the sole responsibility of the individual reward recipient. © 2024 OKX. All rights reserved.

Published on May 6, 2024
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