Dear OKX Users,
We are excited to announce the launch of XRPUSDT and ETCUSDT USDT-margined futures contracts on December 4 at 15:00 (HKT). Below are the detailed specifications:
XRPUSDT Futures Contract Details
| Parameter | Description |
|---|---|
| Underlying | XRP/USDT Index |
| Settlement Currency | USDT |
| Contract Unit | 1 XRP |
| Leverage | 0.01x – 33.3x |
| Price Quotation | USD value per 1 XRP |
| Tick Size | 0.0001 |
| Trading Hours | 24/7 |
| Contract Types | Weekly, Bi-weekly, Quarterly |
| Delivery Time | Fridays at 16:00 (HKT) upon expiration |
| Settlement Time | Daily at 16:00 (HKT) |
ETCUSDT Futures Contract Details
| Parameter | Description |
|---|---|
| Underlying | ETC/USDT Index |
| Settlement Currency | USDT |
| Contract Unit | 0.1 ETC |
| Leverage | 0.01x – 33.3x |
| Price Quotation | USD value per 1 ETC |
| Tick Size | 0.001 |
| Trading Hours | 24/7 |
| Contract Types | Weekly, Bi-weekly, Quarterly |
| Delivery Time | Fridays at 16:00 (HKT) upon expiration |
| Settlement Time | Daily at 16:00 (HKT) |
Additional Offerings
OKX currently supports BTC, ETH, EOS, LTC, and BCH USDT-margined futures contracts. Trading is available on PC, with TRX, BSV, and more coming soon. Mobile support will follow.
FAQ
1. What are USDT-margined futures?
USDT-margined futures use USDT as collateral, simplifying cross-contract margin management.
2. How does leverage work?
Leverage ranges from 0.01x to 33.3x, allowing flexible risk exposure.
3. When are contracts settled?
Contracts settle daily at 16:00 (HKT), with delivery upon expiration.
4. Will OKX add more futures contracts?
Yes! TRX, BSV, and other assets are planned for future releases.
OKX remains committed to delivering innovative products and exceptional trading experiences.
Last updated: December 3, 2019
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