NASSAU, the Bahamas, Oct. 03, 2024 (GLOBE NEWSWIRE) -- OKX, a leading crypto exchange and global Web3 technology company, has issued updates for October 3, 2024.
OKX Adds ETH/BTC to Dual Investment Product, Lists MOODENG, NEIRO, PYUSD and EIGEN
OKX today announced the addition of ETH/BTC to its Dual Investment product, as well as the listing of MOODENG, NEIRO, PYUSD and EIGEN.
Key details of OKX's new additions are as follows:
- The ETH/BTC Dual Investment product is now available for subscription, offering a range of terms
￮ Key benefits of the new ETH/BTC Dual Investment product include:
• Direct crypto-to-crypto investment without the need for stablecoin conversion
• No transaction fees
• The ability to receive an APR during the holding period
￮ Dual Investment is an advanced product that gives eligible users the opportunity to maximize their profits by choosing a major crypto pair to trade. By subscribing to a Dual Investment product, customers are selling an options contract and receiving a premium. The returns can be in either of the cryptocurrencies, depending on the type of options and the target price
- MOODENG and NEIRO began trading on OKX's perpetual futures market on October 3, between 7:00 AM to 7:15 AM (UTC)
￮ Moo Deng (MOODENG) is a meme coin inspired by Thailand's pygmy hippo star
￮ NEIRO is a meme coin inspired by a real-life Shiba Inu. Atsuko Sato adopted the dog Neiro after Kabosu-the famous Shiba Inu that inspired Dogecoin-passed away in May 2024
- PYUSD/USDT begins trading on OKX at 12:00 PM (UTC) on October 3
￮ PayPal USD, also known as PYUSD, represents a significant advancement in the realm of digital currencies, being a stablecoin that maintains a 1:1 value ratio with the US dollar.
- Following its recent EIGEN spot listing, OKX added EIGEN to its perpetual futures market on October 1 at 6:30 am UTC, enabling eligible customers to long or short EIGEN with up to 50x leverage
￮ EigenLayer is a protocol on the Ethereum network that introduces the concept of "restaking." This allows Ethereum stakers to use their assets, such as ETH or Liquid Staking Tokens (LST), to secure multiple applications and earn additional rewards
For further information, please contact:
About OKX
OKX is a technology company with a mission to organize the world's blockchains and make them more accessible and useful.
We want to create a future that makes our world more efficient, transparent and connected.
OKX began as a crypto exchange giving millions of people access to trading and over time became among the largest platforms in the world. In recent years, we have developed one of the most connected onchain wallets used by millions to access decentralized applications (dApps).
OKX is a brand trusted by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments.
OKX is committed to transparency and security, and publishes its Proof of Reserves monthly to build trust. OKX also regularly publishes educational articles, accessible via OKX Learn. These articles provide readers with in-depth analyses of all cryptocurrencies, including factors influencing Bitcoin prices and Ethereum prices.
Our most well-known products include: The OKX Exchange, OKX Wallet, OKX Marketplace, OKX Explorer, OKX Chain and OS for developers, OKX Ventures and OKX Institutional Services. To learn more about OKX, download our app or visit: okx.com
