We are pleased to announce that PEOPLE and NFT margin trading and savings will be enabled at 7:00 am UTC on December. 2. USDT-margined perpetual swaps for PEOPLE and NFT will be listed at the same time. The updates will cover both the web and app interfaces as well as API. The details are as follows: Margin Trading and Savings 1. Spot margin trading will be activated for following pairs: PEOPLE/USDT、NFT/USDT 2. For the details of the tiered margin ratio, please refer to Margin Borrowing Position Tiers after the official listing. 3. For the limits of Savings, please refer to the Business Rules for Savings after the official listing. Perpetual Swap Trading PEOPLEUSDT Perpetual Swap: Feature Details Underlying PEOPLE/USDT Index Settlement asset USDT Face value 100 PEOPLE Price quotation 1 PEOPLE value calculated in USDT equivalent Tick size 0.00001 Leverage 0.01-75 x Funding rate Clamp(MA(((best bid + best offer) / 2 - spot index price)／spot index price - interest), -0.75%, 0.75%), interest = 0 Trading hours 24/7   NFTUSDT Perpetual Swap: Feature Details Underlying NFT/USDT Index Settlement asset USDT Face value 1,000,000 NFT Price quotation 1 NFT value calculated in USDT equivalent Tick size 0.000000001 Leverage 0.01-75 x Funding rate Clamp(MA(((best bid + best offer) / 2 - spot index price)／spot index price - interest), -0.75%, 0.75%), interest = 0 Trading hours 24/7 Note: When the new contract is launched, the premium is unstable. To avoid unreasonable charges, the upper limit of the funding rate before 16:00 pm UTC on December. 2 is 0.03%. After 16:00 pm UTC, the upper limit of the predicted funding rate will be adjusted back to the normal 0.75% (the funding fee of this period will be charged at 8:00 am UTC on December. 3). The price limit rules of PEOPLE and NFT USDT-margined perpetual swap trading are the same as those of other currencies. Please refer to our perpetual swap trading guides for further details. USDT-margined perpetual swap trading: OKEx USDT Margined Perpetual Swap Trading User Agreement & Guide   Regards, OKEx December. 2, 2021 (UTC)    Click Here to Download OKEx App >>> Click Here for OKEx Twitter >>> Click Here to Join OKEx Official Community >>>