Hear from active traders about their experience adding CME Group futures and options on futures ⦠OKEx is a world-leading cryptocurrency and Bitcoin exchange that provides hundreds of trading pairs for spot and derivatives. For a detailed contract specification, please consult chapter three in the Rules and Regulations of Nasdaq Derivatives Markets, which is available on the website. How to Trade Them? See More Futures on VINX30 USDT-margined Futures (linear futures): Use 1,000 USDT and 10x leverage to short 1 BTC = 10,000 contracts (face value: USD 0.0001 BTC) If the BTC price falls by 10% from USD ⦠On Bakkt, the Bitcoin futures platform operated by the Intercontinental Exchange, about 11,000 futures contracts are traded each day. LTC, ⦠The ratio is compiled with weekly, bi-weekly, quarterly futures contracts, and perpetual swaps. The contract size for CME Bitcoin futures is 5 BTC, while the size for Bakkt Bitcoin Futures is 1 BTC. It helps investors to hedge and arbitrage to manage their funds. Futures contracts ⦠An investor with a capital of USD500 buy a BTC at the current price, and opened 50 long contracts. It is not restricted by regulations and allows investors of any country or region to participate in trading. Overview. According to a press release received by AMBCrypto, OKEx, one of the worldâs largest crypto-exchanges, has officially announced the launch of USDT Futures Trading, which will be a linear Futures contract. Each contract represents a certain amount of BTC. The system will pay or deduct the funding every 8 ⦠The leverage is very stable no matter how the price fluctuates. The available leverages for futures contract are 0.01-100. When BTC rises to USD750 (50% increment), the profit of the contract will be 3.3333 BTC. Tiered Maintenance Margin Ratio System & Partial Liquidation. Huobi claims to also regularly beat OKEx in weekly and quarterly bitcoin futures contracts. It further prevents manipulators hammering the market to trigger forced liquidation of multiple accounts. The options ⦠When BTC rises to UDS1000, the profit of the contract will be 5BTC. b) Contract value calculated in USD equivalentTraditional bitcoin futures contracts are expressed in USD. In the past 24 hours (as of September 10), $2.03 billion worth of futures contracts were traded on Binance; $2.01 on Huobi; $1.85 on OKEx; and $1.05 on BitMEX. How to Open an Order. Most recently, OKEX future contracts came under fire during the hard fork of Bitcoin Cash. Each contract represents USD100 of BTC, or USD10 of other digital assets (e.g. Each contract has a face value of fixed amount of digital token (e.g BTCUSDT contract has a ⦠Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Enhanced forced liquidation system: Under extreme volatility, our system will take the average price as reference to prevent forced liquidation caused by a single abnormal transaction. To ensure price fairness across the market, OKExâs tether futures contracts will be an average of cryptocurrency exchanges Huobi, Coinbase, Bittrex and Binanceâs tether spot prices. When BTC rises to UDS1000, the profit of the contract will be 5BTC. The profit will be USD2500 after selling the contract (10x of capital). Index computed from the indices of 6 major exchanges: By using the average of 6 major exchanges' indices for delivery computation, we prevented the possibility of market makers manipulating the index by influencing the trading price of one exchange. Claim up to $80 for new OKEx users registered after Aug 29, 2020. We are the leader among cryptocurrency exchanges, with daily trading volume and open interest of Bitcoin futures ⦠This contract has no expiry date, and worths 0.001 BTC per contract. OKEx futures trading To access the futures trading feature, hover over the Trade tab and access the futures window. Previously, on OKEx. All profit and loss will be calculated and transferred to usersâ futures account balance, so that they can ⦠Huobi claims to also regularly beat OKEx in weekly and quarterly bitcoin futures contracts. Future contracts allow you to trade the cryptocurrencies at a predecided price at a future date, regardless of the market situation at the time the contract expires. Futures. Index computed from the indices of 6 major exchanges: By using the average of 6 major exchanges' indices for delivery computation, we prevented the possibility of market makers manipulating the index by influencing the trading price of one exchange. Payoff Diagram of a Long and Short Future Instrument On OKEX derivatives, they have futures instruments ⦠And a day after the futures contracts ⦠OKEx futures contract is a derivative launched by OKEx to trade contracts of digital assets such as BTC and LTC. BTC 0.01-100Contract delivery time: 16:00, Friday of the expiry weekSettlement date: same as delivery dateSettlement method: settled by tokenFee schedule: please see here. What it means: Index computed from the indices of the last hour: Prevented market makers faking volume to control the trading price. Trading digital assets involve significant risk and can result in the loss of your invested capital. Flexible order price restriction: The price restriction is adjusted every minute based on the price of spot and futures markets, on the premise of not affecting investors creating normal orders, to prevent manipulators hammering the market to trigger forced liquidation of multiple accounts. OKEx futures contract is a derivative launched by OKEx to trade contracts of digital assets such as BTC and LTC. All you need is to buy, deposit, and trade crypto! OKEx futures contracts features: a) settled by BTC, b) contract value calculated in USD equivalent, c) manipulation proof system. Futures. Enhanced forced liquidation system: Under extreme volatility, our system will take the average price as reference to prevent forced liquidation caused by a single abnormal transaction. OKEx (Futures) XRP-USD-210319: $0.47 -4.7%: 0.46 USD -0.629% 0.06% 8 days $600,060 $5,101,982.55 Recently OKEx (Futures) XRP-USDT-210625: $0.48 -4.8%: 0.46 USDT -3.086% 0.1% 4 months $20,453 $7,309,804.33 Recently OKEx (Futures) XRP-USDT-210326: $0.47 -5.1%: 0.46 USDT -1.505% 0.02% 15 days $18,813 $47,024,443.55 Recently OKEx (Futures⦠OKEx, a top full-service cryptocurrency exchange, announced earlier today that its new BTCUSD options trading product is now officially live on the OKEx website and API. Investors may open long to profit from the increase of a digital asset's price, or open short to profit from the decline of a digital asset's price. The profit will be USD2500 after selling the contract (10x of capital). In light of this problem, we have adjusted the contract value to USD100 of BTC instead. a) Settled by BTCOKEx futures contract does not involve any fiat currency. It further prevents manipulators hammering the market to trigger forced liquidation of multiple accounts. XBTUSDTM is the BTC-USDT perpetual swap mini contract. Cryptocurrency Spot Trading – What is Stop-Limit? Perpetual swaps, like futures and options, are a type of cryptocurrency derivatives.While they are very similar to futures contracts, swaps differ from futures ⦠Each contract represents USD100 of BTC, or USD10 of other digital assets (e.g. Everything you need to know to start trading perpetual swaps on OKEx. LTC, ETH etc.). Users can also leverage their contracts ⦠Overview. LTC, ⦠Index computed from the indices of the last hour: Prevented market makers faking volume to control the trading price. If the investor sells the contract, he/she can receive USD2500 profit (5x of capital) by closing the position. c) Manipulation proof systemOKEx designed this system to prevent the common manipulation strategies circulating in the market. Hedge or profit from long or short positions, Easy to trade all instruments in just one account. https://www.okex.com/academy/wp-content/uploads/2020/06/画板[email protected], How to Make Cryptocurrency Deposits and Withdraws. The leverage is very stable no matter how the price fluctuates. Flexible order price restriction: The price restriction is adjusted every minute based on the price of spot and futures markets, on the premise of not affecting investors creating normal orders, to prevent manipulators hammering the market to trigger forced liquidation of multiple accounts. Each contract represents a certain amount of BTC. Note that the XBT-settled OKEx futures contracts allow up to 100x leverage, so these transactions could support positions on the OKEx XBT futures that are up to 100 times larger than ⦠The biggest problem of these contracts is the leverage multiplier varies greatly due to price volatility, which makes them very difficult to perform the functions of hedging and arbitrage, especially for long term contracts. Do read the contract specifications before trading! In light of this problem, we have adjusted the contract value to USD100 of BTC instead. An investor with a capital of USD500 buy a BTC at the current price, and opened 50 long contracts. This caused a notable repricing of the contracts during live trading. Traders can open long or short contracts based on the trend of the market. OKEX has been in the news a lot recently. It helps investors to hedge and arbitrage to manage their funds. OKEx futures contract is a derivative launched by OKEx to trade contracts of digital assets such as BTC and LTC. Open OKEx, contracts meet the significant characteristics of futures: high leverage (10 or 20 times), margin, forced liquidation, weekly quarterly delivery period, standardized contracts, ⦠OKEx has a peer to ⦠The available leverages for futures contract are 0.01-125. b) Contract value calculated in USD equivalentTraditional bitcoin futures contracts are expressed in USD. 1. While trading volume is the total trading volume of futures contracts and perpetual swap over a specific period of time. Futures contracts allows trading of the cryptocurrency at a predetermined price at a future date, irrespective of the market conditions at the time the contract expires. Subject: BTC, LTC, ETH, ETC, BCH, XRP, EOS, BTG / USD indicesContract multiplier: USD1 per pointQuotation unit: index pointMinimum price intervals: BTC: 0.01 point; LTC & others: 0.001 pointContract expirations: weekly, bi-weekly, quarterly，bi-quarterlyContract value BTC: USD100; LTC & others: USD10Leverage: e.g. a) Settled by BTCOKEx futures contract does not involve any fiat currency. OKEx adopts the Daily Settlement Procedure to settle futures trades at 08:00 (UTC) every day. Each contract represents USD100 of BTC, or USD10 of other digital assets (e.g. Contract Specification. OKEx futures contracts features: a) settled by BTC, b) contract value calculated in USD equivalent, c) manipulation proof system. OKEx is also a ⦠Malta-based cryptocurrency exchange OKEx rolled out option contracts on Ethereumâs ether (ETH) token on Thursday, ending the Panama-based Deribitâs virtual monopoly in the space. Each contract represents USD100 of BTC, or USD10 of other digital assets (e.g. A vanilla futures contract has its contract ⦠BTC 0.01-100Contract delivery time: 16:00, Friday of the expiry weekSettlement date: same as delivery dateSettlement method: settled by tokenFee schedule: please see here. The Futures Contract Specifications page provides a complete look at contract specs, as ⦠Just prior to the early contract termination, OKEx replaced one of its price sources. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is not restricted by regulations and allows investors of any country or region to participate in trading. The design greatly helps to stablize the profit or loss: invest USD 100, the profit / loss will be = USD100 * BTC price change * fixed leverage multiplier. The long/short side of a user is determined by his/her net position of the token. OKEx futures contract is a virtual derivative product that is settled in digital tokens USDT. What are Futures Contracts? This allows the leverage multiplier to be fixed, in order to aid hedging and arbitrage. Markets Home Active trader. OKEx futures contract is a derivative launched by OKEx to trade contracts of digital assets such as BTC and LTC. If the investor sells the contract, he/she can receive USD2500 profit (5x of capital) by closing the position. For example: the current price of BTC is USD500. Right above the charts, you will see several contract typesâweekly, bi-weekly and quarterly futures⦠It is designed, managed, and ⦠â There are two types of futures contracts in the space â vanilla and inverse. Related: Huobi Futures to Launch Options Trading This Week, Joining Throng Challenging Deribit âBefore Huobi launched its futures contract in December 2018, OKEx had the largest market share ⦠Unfortunately, the news is never good. For example: the current price of BTC is USD500. The derivatives market for crypto-assets continues to expand, with exchanges beginning to identify the market demand for such crypto-products. 1.1 OKEx Futures Trading (the âServiceâ) is a Virtual Financial Asset (VFA) derivative trading service launched by Aux Cayes Fintech Co. Ltd. (hereafter âOKExâ). This allows the leverage multiplier to be fixed, in order to aid hedging and arbitrage. From a public relations perspective, OKEX really needed to clear the air. ... Contract specifications are created with a price cap ⦠LTC, ETH etc.). These futures contracts are an obligation to buy / sell which makes them differ from options. How Do I Manage My Open Orders? When BTC rises to USD750 (50% increment), the profit of the contract will be 3.3333 BTC. The biggest problem of these contracts is the leverage multiplier varies greatly due to price volatility, which makes them very difficult to perform the functions of hedging and arbitrage, especially for long term contracts. Understand the makeup and importance of contract specifications associated with a futures contract. Subject: BTC, LTC, ETH, ETC, BCH, XRP, EOS, BTG / USD indicesContract multiplier: USD1 per pointQuotation unit: index pointMinimum price intervals: BTC: 0.01 point; LTC & others: 0.001 pointContract expirations: weekly, bi-weekly, quarterly，bi-quarterlyContract value BTC: USD100; LTC & others: USD10Leverage: e.g. Another feature of OKExâs is their Futures crypto derivatives market. The OKEx futures contracts have implied leverage allowing someone to post $10 or even $5 to trade with 10x or 20x leverage. c) Manipulation proof systemOKEx designed this system to prevent the common manipulation strategies circulating in the market. Investors may open long to profit from the increase of a digital asset's price, or open short to profit from the decline of a digital asset's price. The design greatly helps to stablize the profit or loss: invest USD 100, the profit / loss will be = USD100 * BTC price change * fixed leverage multiplier.