OKEx cryptocurrency exchange, which is in the TOP-20 in daily trading volumes, has confirmed the information on preparations for the launch of the USDT stablecoin futures trading, the information of which appeared earlier in the media.
Cointelegraph turned to the press service of the trading platform with a request to comment on information about the upcoming launch of futures and received an official response:
“We plan to start trading futures on USDT. At this stage, we plan to launch in October and are still specifying the exact launch schedule. ”
The new product will allow users to open positions on USDT with leverage and settlements at a later date. Exchange users will learn the possibility of opening shorts and longs on USDT using borrowed funds.