We are pleased to announce that WEMIX margin trading and savings will be enabled at 7:00 am UTC on November. 7. USDT-margined perpetual swaps for WEMIX 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: WEMIX/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 Savingsafter the official listing. II. Perpetual Swap Trading WEMIXUSDT Perpetual Swap: Feature Details Underlying WEMIX/USDT Index Settlement asset USDT Face value 1 WEMIX Price quotation 1 WEMIX value calculated in USDT equivalent Tick size 0.001 Leverage 0.01-75 x Funding rate Clamp / 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 November. 7 is 0.03%. After 16:00 pm UTC, the upper limit of the predicted funding rate will be adjusted back to the normal 1.50% . The price limit rules of WEMIX 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: OKX USDT Margined Perpetual Swap Trading User Agreement & Guide OKX November. 4, 2022 Click Here to Download OKX App >>>. Click Here for OKX Twitter >>>. Click Here to Join OKX Official Community >>>. .