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OKX announced that traditional markets will be closed tomorrow, but users can continue trading X-Perps on a range of assets with up to 10x leverage around the clock.
OKX stated that traditional markets will be closed tomorrow, but users will still have access to trade X-Perps across various asset classes, including stocks, metals, ETFs, and commodities, with up to 10x leverage operating 24/7. The notice included a warning about market volatility and the risk of significant losses, and mentioned that OKX Europe Markets Ltd is authorised by the relevant regulator. No further operational details or specific closure times were provided in the announcement.
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OKX is an international cryptocurrency exchange established in 2017, offering trading in over 100 cryptocurrencies, as well as opportunities to earn passive income and access to educational resources through its proprietary academy. The platform supports multiple languages, provides a mobile app, and implements a combination of cold and hot wallets for security. For additional information and a comprehensive overview, see the full review on Traders Union: broker profile on Traders Union.
For background, our earlier news discussed how OKX clarified the regulatory status and risks of its Flexible Loan service. To see the details, read the previous OKX update on Traders Union.