RATE Group | OKEx Bitcoin Options Trading Now Open for All, Gets Great Response from Community
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OKEx Bitcoin Options Trading Now Open for All, Gets Great Response from Community

11 Jan OKEx Bitcoin Options Trading Now Open for All, Gets Great Response from Community

Posted at 19:47h in Bitcoin News by

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The BTCUSD Options market created by OKEx—the largest spot and futures digital asset exchange platform is finally open to the public. Developed in-house, the platform went live on Thursday, January 9, 2020, following the successful conclusion of simulation run as well as the exclusive invite-only trading phase. With this latest development, OKEx has become the only crypto exchange to offer C2C, Spot, Futures, Perpetual Swap and Options Trading on a single platform.

The new OKEx Options Trading platform has a much faster, robust trading infrastructure which not only supports “buy” but also “write” options for enhanced trade flexibility and transparency in trade prices. It also implements a sophisticated risk management system that features mark prices, daily settlement rules, and short qualification rules. The platform has also contributed a total of 150 BTC towards the BTCUSD Options insurance fund to minimize the clawback risk.

Speaking about the launch, the CEO of OKEx…

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