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OKEx, the popular cryptocurrency trade opened the year positively with the launch of Ethereum Classic and Litecoin perpetual swap. Announced today, the perpetual exchange of these altcoins is available on OKEx trading platform from 2 January to 11:00 (CET, UTC + 1) onwards.
Ethereum Classic [ETC] holds the 17th place in the highest ranking of the global market for its market capitalization with a nominal contract value of $ 10 with a minimum price range of 0.001 points. The lever range is marked from 1 to 40x. The settlement and financing fee occurs once every 12 hours a day at 3:00 and at 15:00.
litecoin [LTC], the seventh most valuable cryptography, shows the nominal value of the contract at $ 10. Leverage interval and financing fee with settlement remain unchanged with Ethereum Classic [ETC]. However, the difference lies in the minimum price range, which is 0.01 points.
Couples trading
The trading pairs of Ethereum Classic [ETC] they are available in four major trading platforms. OKEx and Binance support the ETC / BTC pair; Kraken, US-based cryptographic exchange and GDAX have ETC / USD trading pairs. For Litecoin, the LTC / USD trading pair is available on three different encryption platforms such as Kraken, GDAX and Bitstamp. Finally the pair composed of LTC / BTC is available on OKEx.
Last month, OKEx designed a Perpetual Swap, a derivative product based on Virtual Financial Asset (VFA), which was released on its app and on its website. The new derivative under the management of the leading cryptocurrency trading platform has no delivery and maturity features. The nominal value of each swap contract is $ 100. Interestingly, despite being similar to the OKEx futures contract, the Perpetual Swap also has distinctive difference points.
See also:
The app and the OKEx website officially release the new derivative of Perpetual Swap
Monero as an "exclusive" payment option for Fortnite merchandise
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