OKEx has announced the official launch of leveraged trading and savings products for AKITA, NANO, and SHIB. The services will go live today at 17:00 UTC across web, mobile app, and API platforms.
Key Features of the Launch
- Supported Tokens: AKITA, NANO, SHIB
Product Offerings:
- Up to 10x leveraged trading
- Flexible savings with daily interest accrual
- Platform Availability: Web, OKEx App, and API
๐ Discover how leveraged trading can amplify your crypto strategies
Why This Matters
The introduction of these services provides traders with:
- Enhanced liquidity for emerging tokens
- Additional yield opportunities through savings products
- Risk management tools via leveraged positions
Frequently Asked Questions
What are the margin requirements for AKITA/NANO/SHIB trading?
Initial margin starts at 10% for 10x leverage, with maintenance margins varying by token volatility.
How does the savings product work?
Users deposit tokens to earn daily interest, redeemable anytime without lock-up periods.
Are there any trading fee discounts?
Yes, OKEx offers tiered fee structures based on 30-day trading volume and OKB holdings.
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Market Context
This expansion follows growing demand for altcoin trading products. Recent platform updates include:
| Date | Development |
|---|---|
| 2021-04-13 | ADA/FIL futures contracts launched |
| 2021-02-19 | TORN privacy token listing |
Risk Disclaimer
Cryptocurrency trading involves significant risk. OKEx recommends:
- Starting with small positions
- Using stop-loss orders
- Monitoring market volatility
The platform continues to expand its altcoin offerings while maintaining strict compliance standards.
Note: All promotional content and external links except OKEx.com have been removed per guidelines.