Dear OKX Users,
OKX is pleased to announce the official launch of margin trading, savings products, and perpetual contracts for ANC, SC, CRO, and LAMB. The services will be available on web, mobile app, and API starting April 8, 2021, at 17:00 (HKT). Below are the detailed rules:
1. Margin Trading and Savings
Trading Pairs:
- ANC/USDT
- SC/USDT
- CRO/USDT
- LAMB/USDT
Leverage Tiers:
- Refer to the Leverage Tier Guide post-launch.
Savings Limits:
- Check the OKX Savings Rules for details.
2. Perpetual Contracts
ANCUSDT Perpetual Contract
| Feature | Details |
|---|---|
| Underlying Asset | ANC/USDT Index |
| Settlement Coin | USDT |
| Contract Size | 1 ANC |
| Tick Size | 0.001 |
| Leverage | 0.01–75x |
| Funding Rate | Clamp(MA(((Bid+Ask)/2 - Spot Index)/Spot Index - Interest), -0.75%, 0.75%) |
| Trading Hours | 24/7 |
SCUSDT Perpetual Contract
| Feature | Details |
|---|---|
| Underlying Asset | SC/USDT Index |
| Settlement Coin | USDT |
| Contract Size | 100 SC |
| Tick Size | 0.00001 |
| Leverage | 0.01–75x |
| Funding Rate | Clamp(MA(((Bid+Ask)/2 - Spot Index)/Spot Index - Interest), -0.75%, 0.75%) |
| Trading Hours | 24/7 |
CROUSDT Perpetual Contract
| Feature | Details |
|---|---|
| Underlying Asset | CRO/USDT Index |
| Settlement Coin | USDT |
| Contract Size | 10 CRO |
| Tick Size | 0.0001 |
| Leverage | 0.01–75x |
| Funding Rate | Clamp(MA(((Bid+Ask)/2 - Spot Index)/Spot Index - Interest), -0.75%, 0.75%) |
| Trading Hours | 24/7 |
XEMUSDT Perpetual Contract
| Feature | Details |
|---|---|
| Underlying Asset | XEM/USDT Index |
| Settlement Coin | USDT |
| Contract Size | 10 XEM |
| Tick Size | 0.0001 |
| Leverage | 0.01–75x |
| Funding Rate | Clamp(MA(((Bid+Ask)/2 - Spot Index)/Spot Index - Interest), -0.75%, 0.75%) |
| Trading Hours | 24/7 |
Key Notes
- Funding Rate Cap: To ensure stability, the funding rate will be capped at 0.03% until April 8, 2021, 24:00 (HKT), after which it reverts to the standard 0.75%.
- Additional trading rules (e.g., limit orders) align with existing perpetual contracts.
👉 Trade ANC, SC, CRO, and LAMB on OKX
FAQs
1. When do ANCUSDT contracts start trading?
They go live on April 8, 2021, at 17:00 (HKT).
2. What leverage is available for CROUSDT?
Leverage ranges from 0.01x to 75x.
3. Can I use API for these new contracts?
Yes, API access is available at launch.
OKX remains committed to delivering top-tier products and services.
OKX Team
April 8, 2021 (HKT)
Disclaimer: This announcement is for informational purposes only. Cryptocurrency trading involves risk.
### **Keyword Integration**:
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