MAHE, Seychelles, Aug. 5, 2024
/PRNewswire/ -- OKX, a leading crypto exchange
and global Web3 technology company, has issued updates for
August 5, 2024.
OKX to List USDT-Margined Pre-Market Futures for DOGS
Token
OKX is thrilled to announce the listing of USDT-margined
Pre-Market Futures for the DOGS token. This new addition will be
available from 3:00 AM (UTC) on
August 5.
OKX's Pre-Market Futures allows eligible customers* to
trade futures contracts with up to 2x leverage for upcoming tokens
before a Token Generation Event (TGE), token public sale or Initial
Coin/Exchange Offering (ICO/IEO).
Key Features of the DOGS Pre-Market Futures Contract:
- Underlying Index: DOGS/USDT index (index is the last price of
the contract)
- Settlement Crypto: USDT
- Face Value: 1000 DOGS
- Price Quotation: Quote based on the USDT price of 1
DOGS
- Tick Size: 0.000001
- Leverage: 0.01 - 2x
- Trading Hours: 24/7 trading
- Contract Type: Expiry futures
- Delivery Time: To be announced separately
Further details can be found here.
DOGS is a meme coin that has recently surfaced as a standout
player by leveraging the power of community and the TON blockchain
to build a Telegram-native ecosystem. DOGS distributes the majority
of its tokens to the community, ensuring that the people who engage
and contribute to the ecosystem become its true owners. This
grassroots participation creates a strong sense of belonging and
collective purpose among its holders.
*Not all products offered in all regions. Trading in pre-market
futures is highly risky due to such factors as lower liquidity,
higher price volatility, and there is increased liquidation risk.
Not all tokens underlying pre-market futures will ultimately be
listed on OKX. Users will not receive underlying tokens. OKX
retains sole discretion to adjust any listing, extend or terminate
the futures contract and/or settlement date for the futures
contract, or suspend trading in pre-market futures. For more
details, please refer to the OKX Terms of Service
and Risk & Compliance Disclosure.
To learn more, visit OKX's Support Center.
For further information, please contact:
Media@okx.com
About OKX
OKX is a leading global crypto exchange and
innovative Web3 company. Trusted by more than 50 million global
users, OKX offers a secure and trustworthy platform that provides
responsible crypto traders with innovative tools to
access the world of crypto.
As a global brand and top partner of Manchester City FC and
McLaren Racing, OKX uses Web3 technology to redefine how fans
connect with their favorite teams. Recent examples include its
Unseen City Shirts and Race Rewind digital collectible campaigns,
which offer fans real-world benefits like exclusive match-day and
trackside experiences. As the Presenting Partner of Tribeca
Festival, OKX also empowers artists and creators through Web3.
In line with its "on-chain, any chain" philosophy, OKX
contributes to the growth of the Web3 ecosystem via its secure,
interoperable and self-custody enabled OKX Wallet. OKX Wallet is a
user-friendly gateway to the on-chain world, connecting to over 100
blockchains, 10,000 dApps, 170+ DeFi
protocols, 300,000 tokens and 490+ decentralized
exchanges (DEXs).
OKX is committed to transparency and security, and publishes its
Proof of Reserves monthly to build trust. It is also dedicated to
expanding its educational resources through OKX Learn, making
digital assets accessible and understandable for a broader
audience.
To learn more about OKX, download our app or visit: okx.com
Disclaimer
This announcement is provided for informational purposes
only. It is not intended to provide any investment, tax, or legal
advice, nor should it be considered an offer to purchase, sell,
hold or offer any services relating to digital assets. Digital
assets, including stablecoins, involve a high degree of risk, can
fluctuate greatly, and can even become worthless.
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SOURCE OKX