NASSAU, BAHAMAS, Nov. 4, 2023 (Globe Newswire) — OKXThe leading Web3 technology company has published an update for November 4, 2023.
OKX to list bimonthly and biquarterly USDT and BTC crypto margin futures
To improve market liquidity and provide more trading opportunities, OKX will adjust expiration rules for BTC/USDT and BTC/USD margin futures contracts.
Starting November 17, 2023 at 8:00 AM UTC, OKX will reduce the availability of BTC/USDT and BTC/USD margin futures contracts. monthly and bimonthly The total number of supported periods is 6. weekly, biweekly, monthly, bimonthly, quarterly, and every other quarter.
the current November 2, 2023and until November 8, 2023 8:00 AM UTCthe names of all futures contracts are adjusted in stages so that their respective expiry dates are displayed in the format “Crypto Pair – DDMMMYY”.
All futures contract names within the API service are excluded from this new display rule. New enum values ’this_month’ and ‘next_month’ are added to the alias field of the API’s returned parameters.
Additionally, after the futures contract expires, November 17, 2023, 8:00 a.m. (UTC), new futures contracts will be generated with expirations of December 1, 2023 (biweekly), January 26, 2024 (bimonthly), and June 28, 2024 (biquarterly). After this adjustment, all available expiration dates for newly listed contracts will be:
- Weekly: November 24, 2023
- Biweekly: December 1, 2023
- Monthly: December 29, 2023
- Bimonthly: January 26, 2024
- Quarter: March 29, 2024
- Bi-quarterly: June 28, 2024
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OKX, the global technology company driving the future of Web3, offers a comprehensive suite of products that meet the needs of both beginners and experts:
- OKX Wallet: The world’s most powerful, secure and versatile crypto wallet that allows users to control their funds and access over 50 blockchains.Wallet contents MPC technology This allows users to independently and easily regain access to their wallets, removing the need for traditional “written down” seed phrases.
- dex: A cross-chain decentralized exchange that aggregates nearly 200 other DEXs, with over 200,000 coins available on over 10 blockchains.
- NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across 7 top-tier marketplaces including OpenSea, MagicEden, LooksRare, and Blur.
- Web3 DeFi: A powerful DeFi platform that supports earning and staking on 80 protocols across 15 chains.
OKX works with some of the world’s top brands and athletes, including English Premier League champions Manchester City FC, McLaren F1, Tribeca Festival, Olympian Scotty James and Formula 1 driver Daniel Ricciardo.
As a leader in developing innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign titled; System rewriting requiredproposes a new paradigm with Web3 self-managing technology to replace existing centralized systems.
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