The Maltese cryptocurrency exchange OKEx on Friday announced the addition of a new options trading feature within their platform. The exchange added the ETH/USD trading pair to the list.
OKEx is known for its trading options and is a leader in the price trading market. OKEx has also launched BTC / USD options in addition to offering important future cryptographic and perpetual swaps (BTC, ETH, etc.). Previously, trading for OKEx BTC/USD options was added with an estimated daily transaction rate of over $ 10 million.
The launch of the ETH/USD options provides our users with more trading tools to fulfil their needs of executing different trading strategies Jay Hao, CEO of OKEx
OKEx plans to add the EOS/USD trading pair in the future. Derivatives play a vital role in hedging risks and maximizing profit in modern finance. As part of the financial infrastructure, institutions and professional traders can draw attention to cryptocurrency through a variety of derivatives.
Crypto derivatives gain momentum, we remind that this week the largest cryptocurrency exchange Binance also announced the launch of new options ETH/USDT and XRP/USDT.