Friday, March 5, 2021
Home Latest News Business OKEx will Launch Real-Time Settlement for Derivatives Trading

OKEx will Launch Real-Time Settlement for Derivatives Trading

OKEx crypto exchange has introduced real-time settlement for the trading of derivatives on its platform which includes futures, options, and swaps allowing users to make withdrawals at all times.

The real-time settlement function will only be accessible with the trading of the ADAUSD swap today at 8 am UTC, said OKEx.

According to Coindesk, prior to the offering, transactions were normally settled at 4 pm UTC settlement period daily. The exchange stated that this update will allow exchange users to withdraw their profit at any time.

OKEx noted the function will then be rolled out to other major currency pairs and financial instruments on the platform in the next few months.

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