OKEx Adds More Coin-Margined Perpetual Swaps for Real-Time Settlement
OKEx adding more swaps to its real-time settlement function that went live on Dec. 29, 2020.
OKEx Adds More Coin-Margined Perpetual Swaps for Real-Time Settlement
Cryptocurrency exchange OKEx announced Thursday it has expanded its real-time settlement function and will include more coin-margined perpetual swaps.
- OKEx launched the real-time settlement function on Dec. 29 which was initially only available with the trading of the ADA/USD swap.
- The firm said it has added real-time settlement for the ALGO/USD, ATO/MUSD swap, and twenty other coin-margined perpetual swaps on Wednesday.
- For those unfamiliar with coin margined perpetual swaps they are futures products margined and priced using a cryptocurrency.
- Prior to the real-time settlement function, OKEx transactions were usually settled at 4 p.m. UTC daily. The update allows OKEx users to withdraw their profits at any time.
