Dear OKX Users,
We’re excited to announce the launch of LTCUSDT and BCHUSDT perpetual contracts on OKX’s USDT-margined futures trading platform, effective December 27 (HKT). Below are the key details:
LTCUSDT Perpetual Contract
| Contract Specification | Details |
|---|---|
| Underlying Index | LTC/USDT Index |
| Settlement Currency | USDT |
| Face Value | 1 LTC |
| Price Quotation | USDT price per 1 LTC |
| Minimum Price Movement (Tick Size) | 0.01 |
| Leverage | 0.01–50x |
| Trading Hours | 24/7 |
| Settlement Time | Daily at 16:00 (HKT) |
BCHUSDT Perpetual Contract
| Contract Specification | Details |
|---|---|
| Underlying Index | BCH/USDT Index |
| Settlement Currency | USDT |
| Face Value | 0.1 BCH |
| Price Quotation | USDT price per 1 BCH |
| Minimum Price Movement (Tick Size) | 0.01 |
| Leverage | 0.01–50x |
| Trading Hours | 24/7 |
| Settlement Time | Daily at 16:00 (HKT) |
Key Features of USDT-Margined Contracts
- Multi-Platform Access: Trade via OKX APP, PC, or API.
- Diverse Offerings: BTC, ETH, EOS, LTC, and BCH are currently supported, with XRP, ETC, TRX, BSV and more coming soon.
👉 Discover how perpetual contracts work
FAQ
Q1: What are USDT-margined perpetual contracts?
A: These contracts use USDT as collateral and track crypto indices without expiry dates, enabling flexible long/short positions.
Q2: How is leverage applied?
A: Leverage ranges from 0.01x to 50x, allowing traders to adjust risk exposure.
Q3: When are settlements processed?
A: Daily at 16:00 HKT for both LTCUSDT and BCHUSDT contracts.
OKX remains committed to delivering innovative products and exceptional services. Trade smarter today!
### Notes:
- Removed dates/year **(2019)** per guideline #3.