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OKX highlighted its Commodity Perpetuals offering, which enables users to trade perpetual swap contracts tracking commodities such as gold and crude oil around the clock.
OKX announced the availability of Commodity Perpetuals, which are perpetual swap contracts allowing users to trade various commodities such as gold, silver, copper, Brent and WTI crude oil, and natural gas at any time. These contracts reference benchmarks from established data sources, such as ICE for crude oil, and feature mechanisms to maintain price stability during periods when traditional markets are closed. The offering supports multiple trading and margin modes, index price calculation from a range of sources, and automatic contract rollovers according to predefined schedules. Funding rates and liquidity conditions may differ during weekends or holidays, with safeguards in place to address potential abnormal price movements.
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OKX is a cryptocurrency exchange established in 2017, offering trading in over 100 digital currencies, including BTC, ETH, and XRP. The platform provides various investment programs, educational resources through its academy, and supports secure storage with both cold and hot wallets. For a comprehensive overview of services and features, visit the broker profile on Traders Union.
For more background, you can learn about OKX's recent launch of the standalone OKX Money app, designed to enable saving, earning, and spending digital dollars globally, in the previous OKX update on Traders Union.