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Bitcoin Exchange OKX Announces Listing of This Altcoin on Its Futures Platform! Here Are the Details

NBTCBy NBTC17/01/2025No Comments2 Mins Read

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Leading cryptocurrency exchange OKX has announced the listing of USDT-margined perpetual futures for DUCK, as well as the activation of DUCK margin trading and integration with the platform’s Simple Earn program.

OKX Announces DUCK Listing with Perpetual Futures, Margin Trading and Simple Earning Options

Important Dates and Features

  • USDT-Margined Perpetual Futures: Trading of DUCK perpetual futures will begin at 14:00 on January 16, 2025.
  • Margin Trading and Simple Earnings: DUCK/USDT margin trading and DUCK Simple Earnings will be available starting at 07:00 on January 17, 2025.

Trading Platform Compatibility

Updates will be available via OKX web and app platforms, as well as API integrations.

Details of DUCK List

  • Spot Margin Trading: The DUCK/USDT pair will be enabled for margin trading with tiered margin levels detailed in the position tier margin schedule following official listing.
  • Simple Earnings Limits: Users can refer to the Simple Earnings guide after listing for details on limits and participation.

Fee Adjustments for Perpetual Futures

To ensure stability in the early trading phase:

  • The upper limit of the funding fee will be limited to 0.03% until 19:00 on January 16, 2025.
  • After this period, the funding fee will revert to the standard rate of 1.5% and fees will be collected at 11:00 AM on January 17, 2025.

*This is not investment advice.

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NBTC

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