OKX to List ONDO on its Perpetual Futures Market, Enables Margin Trading and Simple Earn for the Token

NASSAU, the Bahamas, Aug. 6, 2024 /PRNewswire/ -- OKX, a leading crypto exchange and global Web3 technology company, has issued updates for August 6, 2024.

OKX to List ONDO on its Perpetual Futures Market, Enables Margin Trading and Simple Earn for the Token

OKX today announced that it will list ONDO on its perpetual futures market today at 10:30 AM (UTC), enabling eligible customers to long or short ONDO with up to 50x leverage. Spot margin trading and Simple Earn for ONDO will also be enabled today at 10:00 AM (UTC).

ONDO is the token that powers Ondo Finance, a decentralized finance (DeFi) platform that's designed to bridge the gap between traditional finance (TradFi) and DeFi through the tokenization of real-world assets (RWA). Ondo isn't a single platform. Instead, it's developed a range of products, protocols, and services aimed at offering crypto traders more avenues to trade.

To learn more, visit OKX's Support Center.

For further information, please contact:

Media@okx.com

About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX offers a secure and trustworthy platform that provides responsible crypto traders with innovative tools to access the world of crypto.

As a global brand and top partner of Manchester City FC and McLaren Racing, OKX uses Web3 technology to redefine how fans connect with their favorite teams. Recent examples include its Unseen City Shirts and Race Rewind digital collectible campaigns, which offer fans real-world benefits like exclusive match-day and trackside experiences. As the Presenting Partner of Tribeca Festival, OKX also empowers artists and creators through Web3.

In line with its "on-chain, any chain" philosophy, OKX contributes to the growth of the Web3 ecosystem via its secure, interoperable and self-custody enabled OKX Wallet. OKX Wallet is a user-friendly gateway to the on-chain world, connecting to over 100 blockchains, 10,000 dApps, 170+ DeFi protocols, 300,000 tokens and 490+ decentralized exchanges (DEXs).

OKX is committed to transparency and security, and publishes its Proof of Reserves monthly to build trust. It is also dedicated to expanding its educational resources through OKX Learn, making digital assets accessible and understandable for a broader audience.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless.

View original content to download multimedia:https://www.prnewswire.com/news-releases/okx-to-list-ondo-on-its-perpetual-futures-market-enables-margin-trading-and-simple-earn-for-the-token-302215259.html

SOURCE OKX

First published on Tue, Aug 6, 2024

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OKX ONDO crypto exchange perpetual futures market margin trading DeFi tokenization real-world assets

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