OKEx has just announced to extend its real-time settlement feature for ALGOUSD, ATOMUSD, and 20+ coin-margined perpetual swaps. These coin-margined perpetual swaps also include XLM, YFI, and THETA. Real-time settlements help to bring better capital efficiency to the users.
All the perpetual swaps, options, and futures contracts of OKEx will be covered by the real-time settlement. This simply helps the users to improve their trading experience. The users can now withdraw their profit whenever they want and they don’t have to wait until 4:00 pm, which was the daily settlement period.
OKEx Real-Time Settlement Will Open Great Trading Opportunities
Lennix Lai, financial market head at OKEx, has said that the firm is pleased to extend this feature to perpetual swap contracts. This step is going to open a lot of great trading opportunities for the traders of the exchange. He said that this feature will help them to settle their profit in real-time. Lai stated:
“We have received a lot of positive feedback from the feature on our ADAUSD market and will continue to roll this out to all derivatives contracts on the OKEx exchange.”
The feature will be available to the users through an API web or through the OKEx app as well. The complete details have been posted on the support page of the exchange.
Improving the Trading Experience
Lennix Lai has said that a lot of upgrades are coming on the exchange that includes the Unified Account management feature, and will completely improve the trading experience for the users. Through these features, the users will be able to engage in some really efficient strategies that will ultimately maximize their capital. As the operation is currently going on, the exchange has temporarily closed the real-time settlement function of some contracts. It is believed that all these upcoming features are going to provide a completely amazing trading experience to OKEx users.