OKX, a leading cryptocurrency exchange and Web3 technology company, has announced the listing of ONDO on its perpetual futures market, alongside enabling margin trading and Simple Earn functionalities for the token.
Key Updates
- Perpetual Futures Listing: ONDO perpetual futures trading goes live today at 10:30 AM (UTC) with up to 50x leverage.
- Spot Margin Trading & Simple Earn: Available from 10:00 AM (UTC) for eligible users.
About ONDO Token
ONDO powers Ondo Finance, a decentralized finance (DeFi) platform specializing in real-world asset (RWA) tokenization, bridging traditional finance (TradFi) and DeFi. Ondo offers diverse products and protocols to expand trading avenues for crypto enthusiasts.
Why This Matters
- High Leverage: Trade ONDO with up to 50x leverage.
- Earn Passive Income: Stake ONDO via Simple Earn for yields.
- DeFi Innovation: Ondo Finance’s RWA focus aligns with growing institutional crypto adoption.
FAQs
1. When does ONDO perpetual futures trading start?
Trading begins at 10:30 AM (UTC) on August 6, 2024.
2. What’s the maximum leverage for ONDO futures?
Users can apply up to 50x leverage.
3. Can I earn passive income with ONDO?
Yes, Simple Earn for ONDO is live from 10:00 AM (UTC).
About OKX
OKX is a trusted global crypto exchange serving 50+ million users, offering secure trading tools and Web3 innovations. As partners with Manchester City FC and McLaren Racing, OKX integrates Web3 to enhance fan engagement.
Key Offerings
- OKX Wallet: Supports 100+ blockchains and 10,000+ dApps.
- Proof of Reserves: Monthly audits ensure transparency.
- Educational Hub: OKX Learn demystifies crypto.
Disclaimer: This content is informational only. Digital assets carry risks; values may fluctuate significantly.
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