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OKEx Officially Launches USDT-Settled Futures

Published 11/14/2019, 11:00 AM
Updated 11/14/2019, 12:21 PM
 OKEx Officially Launches USDT-Settled Futures
BTC/USD
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OKEx, one of the leading crypto-to-crypto exchanges, announced the official launch of futures settled in Tether (USDT), pre-announced at the end of October. The new markets offer derivative exposure, while only using USDT. The offering is part of the trend to grow the derivatives market for Bitcoin (BTC) and other digital assets, to offset risks on the spot markets.

https://twitter.com/MasdelMedio/status/1194909935466876928

OKEx futures contracts offer easier access, as each contract contains 0.0001 BTC. The market is open 24 hours, and settled at 8:00 UTC daily.

This article appeared first on Cryptovest

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