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OKEx to Enable Margin Trading, Savings and List Perpetual for SLP

BRAZILIEX

Jenis terkait: Others

2021-08-26 10:43

Dear users, We are pleased to announce that SLP margin trading and savings will be enabled at 10:00 am UTC on August. 26. USDT-margined perpetual swaps for SLP 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: I. Margin Trading and Savings 1. Spot margin trading will be activated for following pairs: SLP/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. II. Perpetual Swap Trading SLPUSDT Perpetual Swap: Feature Details Underlying SLP/USDT Index Settlement asset USDT Face value 10 SLP Price quotation 1SLP 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 Note: When the new contract is launched, the premium is unstable. To avoid unreasonable charges, the upper limit of the funding rate before 4:00 pm UTC on August. 26 is 0.03%. After 4:00 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 August. 27). The price limit rules of SLPUSDT-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 August. 26, 2021 (UTC)    Click Here to Download OKEx App >>> Click Here for OKEx Twitter >>> Click Here to Join OKEx Official Community >>>