VICTORIA, Seychelles – OKX, a leading cryptocurrency exchange and global on-chain technology company, has announced two major updates for November 2024:
SWELL Perpetual Futures Listing
OKX has added SWELL to its perpetual futures market, enabling traders to long or short the token with up to 50x leverage using USDT margins. Trading commenced on November 25 at 9:00 AM (UTC).
👉 Trade SWELL perpetual futures with high leverage
Key Details:
- Token Utility: SWELL powers the Swell Network, a liquid staking platform that allows users to earn passive income by staking or restaking Ethereum (ETH).
- Leverage Flexibility: Traders can utilize up to 50x leverage for strategic positioning.
'Man X Machine' Campaign: Year-End Smart Trading Rewards
OKX has launched 'Man X Machine,' a promotional campaign incentivizing users of its AI-driven Smart Trading platform. Participants can earn rewards in USDT and ETH by engaging in automated trading activities until December 27.
Campaign Highlights
Smart Trading Activities
- Execute a 10-day Smart Picks strategy (min. 100 USDT).
- Run a Spot Grid Bot for five days.
- Mirror three Lead Traders via Copy Trading (min. 100 USDT each).
- Futures Grid newcomers receive a 5 USDT loss insurance voucher.
Elite Circle Showdown (Trading Competition)
Top 10 traders ranked by PNL percentage win prizes:
- 1st Place: 3,500 USDT
- 2nd–5th Place: 800–1,500 USDT
- 6th–30th Place: 200 USDT
👉 Join the 'Man X Machine' campaign today
Why This Matters
- Diversified Trading: SWELL futures expand OKX’s derivatives market, catering to liquid staking enthusiasts.
- AI-Powered Incentives: The campaign highlights OKX’s commitment to automated trading innovation, consolidating tools like Copy Trading and Grid Bots into a unified ecosystem.
FAQs
Q: What is SWELL’s role in the Swell Network?
A: SWELL facilitates liquid staking, allowing users to stake ETH while maintaining liquidity.
Q: How can I participate in the 'Man X Machine' campaign?
A: Eligible users must complete specified Smart Trading tasks (e.g., running bots or copying traders) to qualify for rewards.
Q: What leverage is available for SWELL futures?
A: Traders can use up to 50x leverage on OKX’s perpetual futures market.
Q: Are there rewards for new Futures Grid users?
A: Yes—a 5 USDT loss insurance voucher is provided.
About OKX
OKX is a technology leader in blockchain accessibility, offering:
- OKX Exchange: A top-tier crypto trading platform.
- OKX Wallet: A multi-chain wallet for DeFi and dApps.
- Proof of Reserves: Monthly audits ensuring transparency.
Explore more at okx.com.
Disclaimer: Trading cryptocurrencies involves risk. OKX does not guarantee returns.