OKX has announced a couple of exciting new features that will hopefully help to attract new customers and give existing ones more options on their trading. With perpetual futures and the new auto bot marketplace, exciting times are ahead for the Seychelles-based business.
With new crypto exchanges appearing all tbe time, we like to be thorough with our reviews and also fast to bring you the latest information about each one. Why? So you can make smarter decisions on where to go. Crypto trading great, and can be exciting, but it makes sense to choose the broker or exchange that best suits your needs. Crypto Lists brings you the latest news from OKX.
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OKX is a cutting-edge cryptocurrency exchange that also provides high-tech payment systems. It utilizes blockchain technology to facilitate profitable trade and investment in every possible way.
OKX was designed to improve the speed and security of cryptocurrency trading. To meet the needs of its users—traders and investors—the platform has undergone extensive development since its inception in 2017. This includes the addition of a plethora of tools, payment options, cryptocurrencies, and markets.
OKX DEFI HUB is a decentralized finance management platform that users can visit to view all their assets and funds in one location. OKX, headquartered in the Seychelles, employs over a thousand employees from throughout the globe to ensure flawless service and user experience. Below are the two new features of the OKX platform.
Termless Contracts in USDC
One of the most rapidly expanding digital assets, USD Coin (USDC) is also one of the world’s most regulated and fully reserved dollars-backed digital assets. OKX has been steadily increasing its USDC and associated product assistance. With 126 USDC currency pairs (no broker fee and trading costs as low as -0.01%) and 17 USDC margin pairs, they currently provide more USDC pairs than any other cryptocurrency exchange.
Bitcoin and Ethereum are now available in everlasting contracts against the US dollar. To maximize the revenue shared with their users, they offer the most excellent maker fee rebate and the lowest taker fee in the industry. Trading combinations in USDC for use with margin and automated trading have also been streamlined for convenience.
Furthermore, the OKX Earn program provides a set APY of 10% on USDC staking up to $2,000. It’s yet another way they maximize users’ USDC earnings.
“The introduction of novel USDC product offerings on OKX will assist further allow USDC to become increasingly accessible and facilitate broader adoption,”
– Raagulan Pathy, Vice President, Asia Pacific of Circle.
These brand-new USDC offerings aim to give OKX customers access to the most secure and profitable cryptocurrency investments available.
OKX allows users to purchase, sell, and trade in as many coins as possible. They’re the first to support emerging cryptos like EthereumPoW (ETHW) and Sweatcoin (SWEAT), and they already support more than 250 other cryptocurrencies. They support every stablecoin, including USDC and Tether Dollar (USDT).
Official Announcement of the OKX Bot Marketplace
OKX provides many different types of trading bots for its users. These include grid trading bots, dollar cost averaging bots, arbitrage bots, and slicing bots for high-volume accounts. It can be overwhelming to try to make sense of all the different trading methods, no matter how experienced you are.
Check out their new Bot Marketplace, a one-stop shop for all things related to their automated services.
You can do the following in the Bot Market:
- Seek out all the automated trading programs.
- Find out what foundational methods they use and how you can adjust those foundational strategies’ settings to optimize your results.
- Learn from the past successes (and failures) of other traders and model your own trading after their proven methods
- Get your own bot up and running.
The OKX Bot Market: How to Use It
Using the Bot Market is a breeze. There are just four simple steps to get going:
- Reach the Bot Marketplace
- Choosing a bot
- Modify its parameters
- Launch the bot
Exchange platforms require regular updates to enhance the customer’s experience to help them trade better with a considerable disposition of pairings. With the new pairings and bots for smooth trading, OKX can deliver more trading activities and better trading options for its customers, potentially providing more profits to its users.