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OKEx Launches Real-Time Settlement for Derivatives Trading

Cryptocurrency exchange OKEx has introduced real-time settlement for the trading of derivatives on its platform.

By Tanzeel Akhtar
AccessTimeIconDec 29, 2020 at 12:47 p.m. UTC
Updated Sep 14, 2021 at 10:49 a.m. UTC
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Cryptocurrency exchange OKEx has introduced real-time settlement for the trading of derivatives on its platform including futures, options and swaps, allowing users to make withdrawals at any time.

  • OKEx said the real-time settlement function will only be available with the trading of the ADA/USD swap today at 8 a.m. UTC.
  • Prior to the offering, transactions were usually settled at 4 p.m. UTC settlement period daily. This update will allow OKEx users to withdraw their profits at any time, said the exchange.
  • OKEx said the function will then be rolled out to other major currency pairs and financial instruments on the platform over the coming months.

Read more: OKEx Bitcoin Mining Pool Shows Signs of Life After Precipitous Hashrate Drop

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