Dear OKX Users.
OKX finally launches ETH and ETC,BCHFutures. The underlying of BCH and ETC futures is the BCH/USD and ETC/USD exchange on Bitfinex as recorded as ETCUSD and BCHUSD Index. ETH Futures is priced based on ETHUSD Index which considers the weighted-average spot price listed on Bitfinex, Kraken, Coinbase, and Bitstamp as index constituents.OKX would gradually add other Exchanges as BCH/ETC index constituents with the consideration of trading volume and other parameters.
The contract size of ETC and ETH Futures is USD 10 per contract. Margin call ratio is 20% for 10x and 40% for 20x. Fees would be charged as maker-taker model. -0.025% would be imposed on maker implying a fee rebate from traders who post liquidity to the market. 0.075% on taker implying traders who takes liquidity would be charged.
OKX would rename BCC (Bitcoin cash) as BCH. And BCH Futures and BCH would be avaliable in C2C Market very shortly.
Newly launched contracts are now available on “Futures” trading center on OKX.com. Trading on "Charts" and "Full Screen" would be available very soon. Please also update your “OKX” APP for ETC, ETH futures trading. Futures trading is no longer available in “OKCoin” APP. Users can also update the API for ETC, ETH futures trading.
API is also available to ETC and ETH Futures.
Should you engaged with other problem, please do not hesitate to contact our 24-hours hotline. Thanks for your support to OKX