OKX, one of the world’s leading cryptocurrency exchanges, has announced the launch of over 20 equity perpetual swaps, offering global traders access to major stocks around the clock. This new feature, available to traders in Asia, Latin America, Türkiye, and the CIS region, marks a significant step in bridging the gap between traditional and digital finance.
Around-the-Clock Trading with Cryptocurrency Margin
The equity perpetual swaps are USDT-denominated and provide real-time exposure to a range of major tech stocks and the ‘Magnificent 7’—a group of leading global companies. Traders can leverage these contracts up to 5x, and the unified cross-margining system allows them to use BTC and ETH as collateral, enhancing capital efficiency.
Enhanced Capital Efficiency and Yield Generation
By integrating digital assets as collateral, OKX enables users to maintain their crypto portfolios while trading global equities. This innovative approach ensures that staked balances continue to generate yield, a crucial feature for traders looking to optimize their investments.
“For the past eight years, we have focused on building resilient infrastructure and deep liquidity for digital asset markets. With the launch of equity perpetual swaps, we are expanding that infrastructure to support exposure to global equities while allowing traders to keep their crypto portfolios intact,” said Star Xu, OKX Founder and CEO.
Strategic Expansion and Future Plans
This rollout is the first phase of OKX’s broader strategy to integrate real-world assets into its platform. The company plans to expand its inventory of equity contracts and market availability in the coming months, further diversifying its global trading ecosystem.
FAQs
- Which regions can access OKX equity perpetual swaps? Traders in Asia, Latin America, Türkiye, and the CIS region can currently access these services.
- What leverage is available for these new stock contracts? Eligible global traders can utilize up to 5x leverage on all USDT-denominated equity perpetual contracts.
- Can I use bitcoin as margin for stock trading? Yes, the OKX unified account allows users to use BTC and ETH as collateral for equity positions.
- Do these equity markets close on weekends? Unlike traditional exchanges, these perpetual swaps offer 24/7 exposure to global stocks regardless of market hours.
Conclusion
The launch of equity perpetual swaps by OKX represents a significant milestone in the convergence of traditional and digital finance. By offering 24/7 trading with up to 5x leverage and the ability to use cryptocurrency as margin, OKX is setting a new standard for global trading platforms. As the company continues to expand its offerings, it is poised to attract a broader range of traders and investors, further solidifying its position in the global financial landscape.
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