OKEx Launches ETH/USD Options Amid Crypto Derivatives' Expansion

On Friday, the major cryptocurrency exchange OKEx announced the launch of options on the ETH/USD trading pair. The trend of crypto derivatives is growing

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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.

Image source: Twitter @OKEx

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

What's next?

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.

#Binance #Options #Ethereum #OKEx

Alex Dudov E-mail

Alex has been creating articles for several crypto projects for three years. He is interested in cryptocurrencies and financial markets, more so in cryptocurrencies.