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OKEx to Enable Margin Trading & Savings for STARL/GODS and List USDT-Margined Perpetual for KISHU/ELON/STARL/BABYDOGE/GODS

BRAZILIEX

関連タイプ: Others

2021-11-04 20:23

We are pleased to announce that STARL, GODS margin trading and savings will be enabled at 10:00 am UTC on Nov. 5. USDT-margined perpetual swaps for KISHU, ELON, STARL, BABYDOGE and GODS 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: STARL/USDT, GODS/USDT 2. For the details of the tiered margin ratio, please refer to Margin Borrowing Position Tiersafter 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 KISHUUSDT Perpetual Swap: Feature Details Underlying KISHU/USDT Index Settlement asset USDT Face value 1,000,000,000 KISHU Price quotation 1KISHU value calculated in USDT equivalent Tick size 0.000000000001 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 ELONUSDT Perpetual Swap: Feature Details Underlying ELON/USDT Index Settlement asset USDT Face value 1,000,000 ELON Price quotation 1ELON 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 STARLUSDT Perpetual Swap: Feature Details Underlying STARL/USDT Index Settlement asset USDT Face value 100,000 STARL Price quotation 1STARL value calculated in USDT equivalent Tick size 0.00000001 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 BABYDOGEUSDT Perpetual Swap: Feature Details Underlying BABYDOGE/USDT Index Settlement asset USDT Face value 1,000,000,000 BABYDOGE Price quotation 1 BABYDOGE value calculated in USDT equivalent Tick size 0.000000000001 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 GODSUSDT Perpetual Swap: Feature Details Underlying GODS/USDT Index Settlement asset USDT Face value 1 GODS Price quotation 1GODS value calculated in USDT equivalent Tick size 0.0001 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 Nov. 5 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 Nov. 6). The price limit rules of KISHU, ELON, STARL, BABYDOGE and GODS 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 Nov. 5, 2021 (UTC)  Click Here to Download OKEx App >>> Click Here for OKEx Twitter >>> Click Here to Join OKEx Official Community >>>