Bitcoin Exchange OKX Announces Listing of a New Altcoin Trading Pair for Margin Trading!

OKX is set to expand its offerings with the launch of USDT-margined perpetual futures for ZKJ, along with margin trading and the inclusion of ZKJ in the Simple Earn program. OKX Announces Listing of ZKJ Perpetual Futures, Margin Trading, and Simple Earnings These updates will go live on December 6, 2024 and will be available through OKX’s web and app platforms, as well as its API. Key Launch Details Perpetual Futures Start Time: 12:00, December 6, 2024. Trading Rules: The price limit and trading rules for ZKJ perpetual futures are in line with OKX's standard policies. Funding Fee Adjustment: Before 19:00, the funding fee cap will be temporarily capped at 0.03% to prevent excessive fees during the initial surge. After 19:00, the funding fee cap will revert to the normal rate of 1.50%. Margin Trading and Simple Earnings Start Time: 13:00, December 6, 2024. Spot Collateral Pair: ZKJ/USDT. Tiered Margin Levels: Full details will be available in OKX’s position tiered margin schedule following the official listing. Simple Earnings Limits: These will also be outlined in the Simple Earnings guide after the listing. Users are advised to review the Perpetual Futures User Agreement and related guidelines for a detailed understanding of the trading rules and associated risks. The updates aim to increase trading efficiency while maintaining stability in the initial launch phase of ZKJ trading. This move underscores OKX’s commitment to providing a variety of trading options for its users and strengthens its position as a leading cryptocurrency exchange. *This is not investment advice. Continue Reading: Bitcoin Exchange OKX Announces Listing of a New Altcoin Trading Pair for Margin Trading!