We’re excited to announce the upcoming launch of ZRO trading on OKX, featuring:
- USDT-margined perpetual futures (live at 12:30 pm UTC on June 20, 2024)
- Margin trading and Simple Earn (live at 4:00 am UTC on June 21, 2024)
These updates will be available across OKX’s web platform, mobile app, and API. Below are the key details:
I. Margin Trading and Simple Earn
1. Spot Margin Trading
- Trading pair: ZRO/USDT
- Tiered margin levels: Refer to OKX’s official guidelines post-listing.
2. Simple Earn Limits
- Check platform details after ZRO’s official listing for subscription limits and rewards.
👉 Maximize your ZRO holdings with Simple Earn
II. Perpetual Futures Trading
ZROUSDT Perpetual Futures
| Feature | Details |
|---|---|
| Underlying | ZRO/USDT index |
| Settlement | USDT |
| Face Value | 1 |
| Price Quotation | 1 ZRO value in USDT |
| Tick Size | 0.001 |
| Leverage | 0.01–50x |
| Funding Fee | Clamp(MA([(Bid+Offer)/2 – Spot Index] / Index – Interest), -0.75%, 0.75%) |
| Trading Hours | 24/7 |
Note:
New contracts may exhibit premium instability. To mitigate excessive fees:
- Funding fee cap: 0.03% until 4:00 pm UTC on June 20, 2024.
- Post-4:00 pm, the cap reverts to 1.50%.
👉 Trade ZRO futures with low fees
Price Limits and Rules
ZRO’s USDT-margined perpetual futures follow OKX’s standard price-limit rules. For specifics, review the Perpetual Futures Trading Guide.
FAQs
1. When does ZRO perpetual futures trading start?
- June 20, 2024, at 12:30 pm UTC.
2. What’s the leverage range for ZRO futures?
- 0.01x to 50x.
3. Are funding fees charged immediately?
- Fees are applied at the next funding interval (e.g., 12:00 am UTC on June 21 for the first period).
4. Can I stake ZRO in Simple Earn?
- Yes, starting June 21, 2024, at 4:00 am UTC.
5. Where can I check margin requirements?
- Visit OKX’s official documentation post-listing.
Disclaimer: Trading cryptocurrencies involves risk. OKX does not endorse specific assets.