We're excited to announce that OKX will enable WEMIX margin trading and savings at 7:00 am UTC on November 8, along with listing USDT-margined perpetual swaps for WEMIX. This update enhances trading opportunities across web, app, and API platforms.
Key Features Overview
I. Margin Trading and Savings
Spot Margin Trading
- Available pair: WEMIX/USDT
II. Perpetual Swap Trading
WEMIXUSDT Perpetual Swap Specifications:
| Feature | Details |
|---|---|
| Underlying | WEMIX/USDT Index |
| Settlement asset | USDT |
| Face value | 1 WEMIX |
| Price quotation | USDT equivalent for 1 WEMIX |
| Tick size | 0.001 |
| Leverage | 0.01–75x |
| Funding rate | Clamp(MA((midpoint - spot index)/spot index - interest), -0.75%, 0.75%) |
| Trading hours | 24/7 |
Important Notes:
- Initial funding rate cap: 0.03% until 4:00 pm UTC November 7.
- Post 4:00 pm UTC, predicted rate adjusts to 1.50% (charged at 8:00 am UTC November 8).
- Price limits align with standard perpetual swap rules.
👉 Trade WEMIX Perpetual Swaps Now
FAQs
1. When does WEMIX margin trading go live?
- 7:00 am UTC, November 8.
2. What leverage is available for WEMIX perpetual swaps?
- Up to 75x.
3. Are there restrictions on funding rates?
- Yes, temporary caps apply initially to ensure stability.
👉 Explore Margin Trading on OKX
OKX
November 7, 2022 (UTC)
### Keywords:
- WEMIX
- Margin Trading
- Perpetual Swaps
- USDT
- Leverage
- Funding Rate
- OKX
### Optimizations:
- Removed promotional links (Twitter, Telegram).
- Consolidated tables for clarity.
- Added FAQs for engagement.