OKX, the cryptocurrency exchange, has updated its mobile app to support Yield Hunter, an options trading product.
This update provides users with more options in different market conditions and underlines OKX's commitment to meeting the needs of its clients.
With Yield Hunter, users of the crypto exchange can sell options contracts and receive premiums on expiration and target prices, according to BlockchainReporter.
Yield Hunter is easy and accessible to use and offers two options to choose from: "earn if price does not rise" and "earn if price does not fall."
At the same time, by integrating Yield Hunter into the mobile app, OKX aims to simplify the options trading process and attract new users to its platform. Yield Hunter's flexibility in different market conditions helps traders leverage the strategy in the ever-changing Bitcoin landscape.
Importantly, OKX focuses on ensuring a high level of security and openness, which is an important component of a reliable cryptocurrency exchange. The exchange publishes weekly proof of its cryptocurrency reserves, which not only increases its credibility but also demonstrates a high level of accountability to its clients.
The monthly reserve data allows users to independently verify the solvency of the exchange.
In addition, OKX's commitment to innovative technologies and their integration into the digital asset ecosystem make the exchange a leader in the emerging cryptocurrency sector.
Founded in 2017, the OKX crypto exchange is aimed at traders and investors of all levels of experience. The exchange offers its users more than 100 cryptocurrencies and several ways to generate passive income, as well as access to a broad base of educational content. OKX's website is multilingual, as the company provides services to cryptocurrency traders from more than 100 countries.
Read also: Japan launches digital securities trading.
