MAHE, Seychelles, Aug. 28, 2024 (GLOBE NEWSWIRE) -- OKX, a leading crypto exchange and global Web3 technology company, has issued updates for August 28, 2024.
OKX to List USDT-Margined Pre-Market Futures for EigenLayer's Token
OKX will soon list USDT-margined Pre-Market Futures for the EigenLayer's EIGEN token. The new listing will begin trading at 10:00 AM (UTC) on August 29. Further details are available here.
OKX's Pre-Market Futures allows eligible customers* to trade futures contracts with up to 2x leverage for upcoming tokens before a Token Generation Event (TGE), token public sale or Initial Coin/Exchange Offering (ICO/IEO).
EigenLayer is a platform designed to enhance the cryptoeconomic security and functionality of the Ethereum network by enabling the restaking of staked ETH (Ethereum).The main focus is on the problem of divided trust and sluggish development on the Ethereum base, which has traditionally hindered the network's ability to offer secure DApps and middleware services at a reasonable cost. To learn more about EigenLayer, click here.
*Not all products offered in all regions. Trading in pre-market futures is highly risky due to such factors as lower liquidity, higher price volatility, and there is increased liquidation risk. Not all tokens underlying pre-market futures will ultimately be listed on OKX. Users will not receive underlying tokens. OKX retains sole discretion to adjust any listing, extend or terminate the futures contract and/or settlement date for the futures contract, or suspend trading in pre-market futures. For more details, please refer to the OKX Terms of Service and Risk & Compliance Disclosure.
To learn more, visit OKX's Support Center.
For further information, please contact:
Media@okx.com
About OKX
OKX is a technology company with a mission to organize the world's blockchains and make them more accessible and useful.
We want to create a future that makes our world more efficient, transparent and connected.
OKX began as a crypto exchange giving millions of people access to trading and over time became among the largest platforms in the world. In recent years, we have developed one of the most connected onchain wallets used by millions to access decentralized applications (dApps).
OKX is a brand trusted by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments.
OKX is committed to transparency and security, and publishes its Proof of Reserves monthly to build trust. OKX also regularly publishes educational articles, accessible via OKX Learn. These articles provide readers with in-depth analyses of all cryptocurrencies, including factors influencing Bitcoin prices and Ethereum prices.
Our most well-known products include: The OKX Exchange, OKX Wallet, OKX Marketplace, OKX Explorer, OKX Chain and OS for developers, OKX Ventures and OKX Institutional Services. To learn more about OKX, download our app or visit: okx.com