Each contract represents a certain amount of BTC. According to a press release received by AMBCrypto, OKEx, one of the worldâs largest crypto-exchanges, has officially announced the launch of USDT Futures Trading, which will be a linear Futures contract. Claim up to $80 for new OKEx users registered after Aug 29, 2020. Index computed from the indices of 6 major exchanges: By using the average of 6 major exchanges' indices for delivery computation, we prevented the possibility of market makers manipulating the index by influencing the trading price of one exchange. The options ⦠It is designed, managed, and ⦠While trading volume is the total trading volume of futures contracts and perpetual swap over a specific period of time. For a detailed contract specification, please consult chapter three in the Rules and Regulations of Nasdaq Derivatives Markets, which is available on the website. Future contracts allow you to trade the cryptocurrencies at a predecided price at a future date, regardless of the market situation at the time the contract expires. This contract has no expiry date, and worths 0.001 BTC per contract. Markets Home Active trader. The profit will be USD2500 after selling the contract (10x of capital). A vanilla futures contract has its contract ⦠b) Contract value calculated in USD equivalentTraditional bitcoin futures contracts are expressed in USD. When BTC rises to USD750 (50% increment), the profit of the contract will be 3.3333 BTC. From a public relations perspective, OKEX really needed to clear the air. It helps investors to hedge and arbitrage to manage their funds. These futures contracts are an obligation to buy / sell which makes them differ from options. Hedge or profit from long or short positions, Easy to trade all instruments in just one account. Each contract represents USD100 of BTC, or USD10 of other digital assets (e.g. Futures contracts allows trading of the cryptocurrency at a predetermined price at a future date, irrespective of the market conditions at the time the contract expires. Futures contracts ⦠What are Futures Contracts? Each contract represents a certain amount of BTC. OKEx has a peer to ⦠Related: Huobi Futures to Launch Options Trading This Week, Joining Throng Challenging Deribit âBefore Huobi launched its futures contract in December 2018, OKEx had the largest market share ⦠OKEx is also a ⦠OKEx, a top full-service cryptocurrency exchange, announced earlier today that its new BTCUSD options trading product is now officially live on the OKEx website and API. How to Trade Them? In light of this problem, we have adjusted the contract value to USD100 of BTC instead. It helps investors to hedge and arbitrage to manage their funds. Most recently, OKEX future contracts came under fire during the hard fork of Bitcoin Cash. When BTC rises to UDS1000, the profit of the contract will be 5BTC. Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Each contract represents USD100 of BTC, or USD10 of other digital assets (e.g. The leverage is very stable no matter how the price fluctuates. Do read the contract specifications before trading! Tiered Maintenance Margin Ratio System & Partial Liquidation. If the investor sells the contract, he/she can receive USD2500 profit (5x of capital) by closing the position. All you need is to buy, deposit, and trade crypto! Understand the makeup and importance of contract specifications associated with a futures contract. The biggest problem of these contracts is the leverage multiplier varies greatly due to price volatility, which makes them very difficult to perform the functions of hedging and arbitrage, especially for long term contracts. Trading digital assets involve significant risk and can result in the loss of your invested capital. The OKEx futures contracts have implied leverage allowing someone to post $10 or even $5 to trade with 10x or 20x leverage. Contract Specification. For example: the current price of BTC is USD500. OKEx futures contract is a derivative launched by OKEx to trade contracts of digital assets such as BTC and LTC. Users can also leverage their contracts ⦠USDT-margined Futures (linear futures): Use 1,000 USDT and 10x leverage to short 1 BTC = 10,000 contracts (face value: USD 0.0001 BTC) If the BTC price falls by 10% from USD ⦠All profit and loss will be calculated and transferred to usersâ futures account balance, so that they can ⦠Subject: BTC, LTC, ETH, ETC, BCH, XRP, EOS, BTG / USD indicesContract multiplier: USD1 per pointQuotation unit: index pointMinimum price intervals: BTC: 0.01 point; LTC & others: 0.001 pointContract expirations: weekly, bi-weekly, quarterly，bi-quarterlyContract value BTC: USD100; LTC & others: USD10Leverage: e.g. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Overview. Another feature of OKExâs is their Futures crypto derivatives market. This allows the leverage multiplier to be fixed, in order to aid hedging and arbitrage. Flexible order price restriction: The price restriction is adjusted every minute based on the price of spot and futures markets, on the premise of not affecting investors creating normal orders, to prevent manipulators hammering the market to trigger forced liquidation of multiple accounts. a) Settled by BTCOKEx futures contract does not involve any fiat currency. c) Manipulation proof systemOKEx designed this system to prevent the common manipulation strategies circulating in the market. https://www.okex.com/academy/wp-content/uploads/2020/06/画板[email protected], How to Make Cryptocurrency Deposits and Withdraws. Subject: BTC, LTC, ETH, ETC, BCH, XRP, EOS, BTG / USD indicesContract multiplier: USD1 per pointQuotation unit: index pointMinimum price intervals: BTC: 0.01 point; LTC & others: 0.001 pointContract expirations: weekly, bi-weekly, quarterly，bi-quarterlyContract value BTC: USD100; LTC & others: USD10Leverage: e.g. Note that the XBT-settled OKEx futures contracts allow up to 100x leverage, so these transactions could support positions on the OKEx XBT futures that are up to 100 times larger than ⦠b) Contract value calculated in USD equivalentTraditional bitcoin futures contracts are expressed in USD. In light of this problem, we have adjusted the contract value to USD100 of BTC instead. How Do I Manage My Open Orders? 1.1 OKEx Futures Trading (the âServiceâ) is a Virtual Financial Asset (VFA) derivative trading service launched by Aux Cayes Fintech Co. Ltd. (hereafter âOKExâ). The design greatly helps to stablize the profit or loss: invest USD 100, the profit / loss will be = USD100 * BTC price change * fixed leverage multiplier. Huobi claims to also regularly beat OKEx in weekly and quarterly bitcoin futures contracts. The long/short side of a user is determined by his/her net position of the token. OKEx futures contracts features: a) settled by BTC, b) contract value calculated in USD equivalent, c) manipulation proof system. OKEx futures trading To access the futures trading feature, hover over the Trade tab and access the futures window. OKEx is a world-leading cryptocurrency and Bitcoin exchange that provides hundreds of trading pairs for spot and derivatives. See More Futures on VINX30 OKEx (Futures) XRP-USD-210319: $0.47 -4.7%: 0.46 USD -0.629% 0.06% 8 days $600,060 $5,101,982.55 Recently OKEx (Futures) XRP-USDT-210625: $0.48 -4.8%: 0.46 USDT -3.086% 0.1% 4 months $20,453 $7,309,804.33 Recently OKEx (Futures) XRP-USDT-210326: $0.47 -5.1%: 0.46 USDT -1.505% 0.02% 15 days $18,813 $47,024,443.55 Recently OKEx (Futures⦠Each contract represents USD100 of BTC, or USD10 of other digital assets (e.g. OKEX has been in the news a lot recently. Investors may open long to profit from the increase of a digital asset's price, or open short to profit from the decline of a digital asset's price. This allows the leverage multiplier to be fixed, in order to aid hedging and arbitrage. OKEx futures contracts features: a) settled by BTC, b) contract value calculated in USD equivalent, c) manipulation proof system. It is not restricted by regulations and allows investors of any country or region to participate in trading. Index computed from the indices of the last hour: Prevented market makers faking volume to control the trading price. An investor with a capital of USD500 buy a BTC at the current price, and opened 50 long contracts. The Futures Contract Specifications page provides a complete look at contract specs, as ⦠The system will pay or deduct the funding every 8 ⦠Futures. Everything you need to know to start trading perpetual swaps on OKEx. Just prior to the early contract termination, OKEx replaced one of its price sources. Futures. 1. The available leverages for futures contract are 0.01-100. Traders can open long or short contracts based on the trend of the market. BTC 0.01-100Contract delivery time: 16:00, Friday of the expiry weekSettlement date: same as delivery dateSettlement method: settled by tokenFee schedule: please see here. The leverage is very stable no matter how the price fluctuates. And a day after the futures contracts ⦠OKEx adopts the Daily Settlement Procedure to settle futures trades at 08:00 (UTC) every day. Right above the charts, you will see several contract typesâweekly, bi-weekly and quarterly futures⦠Index computed from the indices of the last hour: Prevented market makers faking volume to control the trading price. OKEx futures contract is a derivative launched by OKEx to trade contracts of digital assets such as BTC and LTC. The design greatly helps to stablize the profit or loss: invest USD 100, the profit / loss will be = USD100 * BTC price change * fixed leverage multiplier. The available leverages for futures contract are 0.01-125. When BTC rises to USD750 (50% increment), the profit of the contract will be 3.3333 BTC. What it means: To ensure price fairness across the market, OKExâs tether futures contracts will be an average of cryptocurrency exchanges Huobi, Coinbase, Bittrex and Binanceâs tether spot prices. Malta-based cryptocurrency exchange OKEx rolled out option contracts on Ethereumâs ether (ETH) token on Thursday, ending the Panama-based Deribitâs virtual monopoly in the space. When BTC rises to UDS1000, the profit of the contract will be 5BTC. The ratio is compiled with weekly, bi-weekly, quarterly futures contracts, and perpetual swaps. LTC, ⦠It further prevents manipulators hammering the market to trigger forced liquidation of multiple accounts. An investor with a capital of USD500 buy a BTC at the current price, and opened 50 long contracts. The profit will be USD2500 after selling the contract (10x of capital). OKEx futures contract is a derivative launched by OKEx to trade contracts of digital assets such as BTC and LTC. ... Contract specifications are created with a price cap ⦠â There are two types of futures contracts in the space â vanilla and inverse. Payoff Diagram of a Long and Short Future Instrument On OKEX derivatives, they have futures instruments ⦠We are the leader among cryptocurrency exchanges, with daily trading volume and open interest of Bitcoin futures â¦