OKX, a leading cryptocurrency exchange, has announced the listing of USDT-margined perpetual futures for NC, as well as margin trading and Simple Earn options.
OKX Announces Perpetual Futures, Margin Trading, and Simple Earnings for NC Cryptocurrency
Key Details
- Perpetual Futures Trading Begins: USDT-margined perpetual futures trading for NC will go live on January 17, 2025 at 14:00.
- Margin Trading and Simple Earn: Spot margin trading for the NC/USDT pair and availability of NC in Simple Earn will be enabled starting from 07:00 on January 20, 2025.
Additional Highlights
- Tiered Margin Details: Users can apply for position tiered margin program after official listing to effectively manage their trading levels.
- Simple Earnings Limits: Guidelines for Simple Earnings subscriptions will be available after listing.
- Temporary Funding Fee Cap: To prevent excessive fees due to potential premium fluctuations during the initial launch, the funding fee cap will be set at 0.03% until 19:00 on January 17, 2025. Thereafter, the projected funding fee cap will revert to the normal rate of 1.5%, and adjusted fees will be charged at 23:00 on the same day.
The updates will be available on OKX’s web and app interfaces, as well as its API. This listing reflects OKX’s commitment to expanding its cryptocurrency offerings and providing robust trading and earning opportunities for its users.
*This is not investment advice.
