OKEx to List Coin-margined Perpetual Swap for DOGE
OKX
Tipo relacionado: Others
2021-02-02 10:50
Dear users, We are pleased to announce that Coin-margined Perpetual Swap for DOGE will be listed at 9:00 am UTC on Feb. 2. The updates will cover both the web and app interfaces as well as API. The details are as follows: I. Perpetual Swap Trading 1. Perpetual Swap Introduction DOGEUSD Perpetual Swap: Feature Details Underlying DOGE/USD Index Settlement Coin DOGE Face Value USD10 Price Quotation 1 DOGE value calculated in USD equivalent Tick Size 0.000001 Leverage 0.01-75x Funding Rate Clamp(MA(((best bid + best offer) / 2 - spot index price)spot index price - interest), 3%, 3%), 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 Feb. 2 is 0.03%. After 4:00 pm UTC, the upper limit of the predicted funding rate will be adjusted back to the normal 3% (the funding fee of this period will be charged at 8:00 am UTC on Feb. 3). The price limit rules of DOGE Coin-margined perpetual swap trading are the same as those of other currencies. Please refer to our perpetual swap trading guides for further details. Coin-margined perpetual swap trading:OKEx-Coin-Margined-Perpetual-Swap-Trading-User-Agreement-Guide 2. Fee tier requirements: OKEx will offer zero maker and taker transaction fees for DOGE Coin-margined perpetual swap trading from 9:00 am UTC on Feb. 2 to 9:00 am UTC on Mar. 2. The trading volume generated from the zero-fee pairs will not be included in the calculation of users trading volume level. Regards,OKExFeb. 2, 2021 (UTC) Click Here to Download OKEx App >>> Click Here for OKEx Twitter >>> Click Here to Join OKEx Official Community >>>