Are you ready to take your cryptocurrency trading to the next level? OKX, a leading cryptocurrency exchange, is introducing exciting new features for Convex Finance (CVX) that you won’t want to miss out on.
Starting at 8:30 am UTC on June 25, 2024, OKX will launch USDT-margined perpetual futures for CVX, along with CVX margin trading and Simple Earn. This means you will have more opportunities to trade and earn with these new offerings.
For margin trading, the CVX/USDT spot margin trading pair will be available on both the web and app interfaces, as well as through the API. This will allow traders to leverage their positions and take advantage of tiered margin levels. You can find detailed information about these levels on the OKX Margin Borrowing Position Tiers page.
If you’re interested in the Simple Earn program, you can learn all about the limits and rules on the OKX website. This program offers a simple way to earn rewards with your cryptocurrency holdings.
Now, let’s talk about the exciting CVXUSDT perpetual futures trading. This new feature will use a CVX/USDT index as the underlying asset, with USDT as the settlement cryptocurrency. You can trade with leverage ranging from 0.01x to 20x, giving you the flexibility to maximize your returns.
Funding fees for the perpetual futures will be calculated using a specific formula to ensure fair pricing. Additionally, price limit rules will align with other cryptocurrencies on the platform, offering a level playing field for all traders.
To stay updated on all the latest news and developments, make sure to visit the official OKX announcement. Don’t miss out on this opportunity to enhance your cryptocurrency trading experience with OKX and Convex Finance.