Home / Ethereum / OKEx presents Ethereum (ETH) Perpetual Swaps

OKEx presents Ethereum (ETH) Perpetual Swaps

through QuoteInspector.com

Based in Hong Kong OKEx he announced it Ethereum (ETH) perpetual swaps are now available on its trading platform.

According to ad, perpetual swaps, which are produced virtual derivatives that are regulated in ETH, launched on December 26th. The swaps differ from the OKEx futures contracts mainly in their delivery, financing, mark price and daily settlement, which occurs once every 12 hours at 3:00 am and 3:00 pm (CET, UTC + 1).

Swaps currently allow up to 40x of leverage and include the same components of equal weight of ETH / USD and ETH / BTC trading pairs of the major stock exchanges, including Bitstamp, OKEx, Bitfinex, GDAX and Gemini.

In addition to the ETH product, OKEx has revealed it plans to start perpetual swaps for LTC, ETC, XRP, BCH and BSV in the near future.

ETH is currently down 6.8% a day to $ 117.50, giving the third largest cryptocurrency a market capitalization of $ 12.2 billion.

Other: ETH Swap Perpetual available
Related: OKEx now allows users to earn daily interest by lending their crypt

Disclaimer: the author of this article has participations in cryptocurrency that may be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct due diligence before making investments.

Source link