We like to say that OKX is the world’s most powerful crypto exchange. That’s because we empower our users with choices to trade and express their Web3 values and interests on a platform that is open, social, and secure. That’s why we’re excited to announce our new USDC perpetual contracts.
New USDC perpetual contracts
USD Coin (USDC) is one of the world’s fastest-growing, regulated, fully-reserved, dollar-backed digital assets. For years, OKX has been expanding support for USDC and related products. We now offer the most USDC pairs of any crypto exchange, with 126 USDC trading pairs (with no maker fee and trading fees as low as -0.01%) and 17 USDC margin pairs.
Today, we’re launching BTC/USDC and ETH/USDC perpetual contracts. They feature the world’s highest maker fee rebate and lowest taker fee so that we can pass more earnings to our users. We’ve also made it easier to find and use USDC trading pairs for margin and bot trading.
And we offer 10% fixed APY on USDC staking up to $2,000 through our OKX Earn program. It’s another way we’re helping users earn more from their USDC.
“The expansion of innovative USDC product offerings on OKX will help further enable USDC to be more accessible, as well as facilitate greater adoption,” said Raagulan Pathy, Vice President, Asia Pacific of Circle. “We look forward to offering the stability of USDC to the wider community through this collaboration.”
Offering choices while keeping our users safe
We offer as many cryptocurrencies as possible to buy, sell, and trade on our platform. We currently have over 250 cryptos available and are the first to add new cryptos to our platform, as with EthereumPoW (ETHW) and Sweatcoin (SWEAT), among others. And we offer every stablecoin possible, including USDC and Tether Dollar (USDT).
But providing choices doesn’t mean being reckless. Our customer service team has recovered millions of dollars in stolen funds for scam victims. And in May 2022, we delisted Terra (LUNA) and Terra Dollar (UST) when the Terra blockchain ecosystem collapsed. We will always govern our platform to keep our users safe.
Our new USDC products embody this effort to provide OKX users with crypto’s best investment opportunities while keeping them safe. We’re proud to contribute to growing the crypto economy and helping spur mainstream crypto adoption.
We’ll have lots more announcements soon, so follow us on Twitter and our blog.
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 OR SELL DIGITAL ASSETS. DIGITAL ASSET HOLDINGS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE GREATLY, AND CAN EVEN BECOME WORTHLESS. YOU SHOULD CAREFULLY CONSIDER WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION.
Source: https://www.okx.com/academy/en/okx-launches-btc-usdc-and-eth-usdc-perpetual-contracts