OKEx Launches New Derivative Product Perpetual Swap
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OKEx Launches New Derivative Product Perpetual Swap
OKEx, a digital asset exchange based in Malta, announced this Monday that it has launched a new derivative product – Perpetual Swap, in a move that brings the exchange much closer to rounding off its crypto-based financial product offering.
According to the statement released by the exchange, Perpetual Swap is a peer-to-peer virtual derivative. The product was created by the company to allow its traders to speculate the direction of the price of cryptocurrencies such as Bitcoin (BTC).
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Perpetual Swap works similarly to futures contracts, however, there is no ... (read more)
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