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OKX has introduced X-Perps in Simple Mode, offering up to 10x leverage, support for both long and short positions, and optional take profit/stop loss features within its application.
OKX has launched X-Perps in Simple Mode, a feature within its application that allows users to access up to 10x leverage and open both long and short positions. The update also includes the option to set take-profit and stop-loss orders. No additional details about the feature or its implementation were provided in the announcement.
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OKX is an international cryptocurrency exchange established in 2017, offering trading in over 100 cryptocurrencies including BTC, ETH, and XRP. The platform provides users with options to earn passive income, access a multilingual interface, utilize both hot and cold wallet storage, and explore educational materials through its proprietary academy. For more detailed information, visit the broker profile on Traders Union.
In our previous OKX update, we covered the launch of Outcomes events, where users in eligible markets can use free points to predict sports results and win cryptocurrency rewards. For more details on this feature, see the previous OKX update on Traders Union.