The crypto exchange platform OKX launched OKX
Futures on December 15, 2023. This move, aimed at refining its derivatives
trading platform, promised to streamline the exchange’s offerings.
OKX’s overhaul introduces two essential changes:
Perpetual Futures, replacing the former Perpetual Swap Contracts, and Expiry
Futures, formerly known as Future Contracts.
According to the company, while these updates
rebrand existing instruments, OKX has assured traders of continued access to
familiar functionalities and trading pairs. Notably, OKX has revamped its interface within the
futures trading section. The design aims to simplify navigation, providing
traders with a more intuitive and accessible trading platform.
Traders can transition to OKX Futures by accessing
the Futures Trading option through the web and app (version 6.46.0) starting
December 15, the company noted. While the trading process remains consistent, the updated naming
convention aims to provide a more streamlined experience for users.
To maintain stability, OKX plans to ensure that there is no alteration to
API parameters, which is crucial for automated trading systems. This
decision aims to facilitate uninterrupted,
efficient trading experiences for users relying on automation.
In a parallel initiative, OKX has scheduled an
adjustment to position tiers of perpetual swaps and futures on December 18,
aiming to fortify market liquidity and mitigate risks.
Expect ongoing updates as this story evolves…
The crypto exchange platform OKX launched OKX
Futures on December 15, 2023. This move, aimed at refining its derivatives
trading platform, promised to streamline the exchange’s offerings.
OKX’s overhaul introduces two essential changes:
Perpetual Futures, replacing the former Perpetual Swap Contracts, and Expiry
Futures, formerly known as Future Contracts.
According to the company, while these updates
rebrand existing instruments, OKX has assured traders of continued access to
familiar functionalities and trading pairs. Notably, OKX has revamped its interface within the
futures trading section. The design aims to simplify navigation, providing
traders with a more intuitive and accessible trading platform.
Traders can transition to OKX Futures by accessing
the Futures Trading option through the web and app (version 6.46.0) starting
December 15, the company noted. While the trading process remains consistent, the updated naming
convention aims to provide a more streamlined experience for users.
