We're excited to announce the upcoming listing of MEW and WIF cryptocurrencies on OKX, featuring perpetual futures, margin trading, and Simple Earn products. Here's the detailed schedule:
Key Listing Dates
MEW Listings
- Perpetual Futures: April 15, 2024, at 8:30 am UTC
- Margin Trading & Simple Earn: April 18, 2024, at 4:00 am UTC
WIF Listings
- Perpetual Futures: April 15, 2024, at 9:30 am UTC
- Margin Trading & Simple Earn: April 18, 2024, at 4:00 am UTC
These updates will be available across web, app, and API interfaces.
I. Margin Trading and Simple Earn
Available Trading Pairs
- Spot margin trading for MEW/USDT and WIF/USDT
Important Notes
- Tiered margin levels will be confirmed post-listing.
- Simple Earn limits will be published after the official listing.
👉 Discover how margin trading works on OKX
II. Perpetual Futures Trading
MEWUSDT Perpetual Futures
| Feature | Details |
|---|---|
| Underlying | MEW/USDT index |
| Settlement asset | USDT |
| Face value | 1000 |
| Price quotation | 1 MEW value in USDT equivalent |
| Tick size | 0.000001 |
| Leverage | 0.01-50x |
| Funding rate | Clamp(MA([(Best bid + Best offer)/2 – Spot index price]/Spot index price), -0.75%, 0.75%) |
| Trading hours | 24/7 |
WIFUSDT Perpetual Futures
| Feature | Details |
|---|---|
| Underlying | WIF/USDT index |
| Settlement asset | USDT |
| Face value | 1 |
| Price quotation | 1 WIF value in USDT equivalent |
| Tick size | 0.001 |
| Leverage | 0.01-50x |
| Funding rate | Same as MEWUSDT |
| Trading hours | 24/7 |
Special Notes
- Funding Rate Cap: 0.03% until 4:00 pm UTC April 15, 2024; normalizes to 1.50% thereafter.
- Price limits follow standard OKX perpetual futures rules.
FAQ Section
Q1: What is the minimum investment for Simple Earn?
A: Limits will be announced post-listing. Check OKX announcements for updates.
Q2: Can I trade MEW/WIF perpetual futures before April 15?
A: No, trading begins at the specified times on April 15.
Q3: Is leverage adjustable for these perpetual futures?
A: Yes, leverage is flexible between 0.01x and 50x.
👉 Learn more about OKX's trading products
Disclaimer: Cryptocurrency trading involves risk. Please conduct your own research before trading.