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Topic: With USDT Futures Addition, OkEx have the Upper Hand (Read 153 times)

jr. member
Activity: 89
Merit: 1
Started using OKEx sometime ago, and I must say it’s one of the best things happened to me!
member
Activity: 685
Merit: 14
What sets OkEX apart is their attitude towards the users, which is really great. It should be a lesson to other exchanges, especially Binance which doesn’t care about the users!!!
jr. member
Activity: 391
Merit: 1
Haven't tried these features yet but sounds good.

Will try soon to see how it works
jr. member
Activity: 164
Merit: 2
Just loved it!!!! keep it up Okex and keep bringing more and more such facilities.
member
Activity: 116
Merit: 11
It’s fine but it’s important that people know the risk too, it’s very easy to get carried away using of such risky stuff
jr. member
Activity: 172
Merit: 2
Congrats to Okex, they have really got some fascinating features, and I don’t know how anyone will dislike these…
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
Customer will have even more to be happy about in the future too. The initial BTC pairing is just the start for the exchange. They are set to have cryptocurrencies such as EOS, ETH, LTC, BCH, XRP, ETC, TRX, and BSV on the USDT-margined futures market.
this has become a routine order in coindcx, not just a concept anymore

Even Binance can not compete with OkEx. User complaints about the lack of clear rules on their futures site and recent security turmoil have made Binance fall behind OkEx in the pecking order. They also fell out of the top ten in terms of the most trusted exchanges in CryptoCompare’s latest report too.
user complaints and security issues? I don't even consider this a big problem because cz resolves it quickly. I am comfortable with binance futures, OKEX doesn't even have 125x

I appreciate the new service from OKEX, but some things seem excessive and just promotional techniques, no problem, just a little joke from me Cheesy
hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
OkEx has really come a long way in past 6 months. And these features are obvious nice.
hero member
Activity: 1106
Merit: 527
It’s a very good move very much what any user would be wishing for.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
I don’t think this really going to makes any major difference in crypto currency market and this kind of stable coin addiction should not be from the big investors.
They should look for good altcoins which has potential to grow should get invested.
member
Activity: 258
Merit: 13
I am from Forex world.
OkEx has added USDT to their futures feature in a move that will change the futures industry and set a new precedent for other exchanges to follow.

The Malta based exchange is one of the first to hold a stablecoin as part of their futures offerings. It went live last week, following a successful pre launch on the 5th of November. 

Speaking at the launch, Jay Hao, CEO of OKEx had this to say about the OkEx USDT futures release:

"The simulation of our USDT Futures Contract was very successful, and we received positive feedback from traders in the OKEx community.

"At OKEx, we've developed a safe, reliable, and stable environment for cryptocurrency trading, and strive to offer new services based on our customers' interests. We're excited to add USDT linear contract to our Futures market and next on the Perpetual Swap market to meet the interests of our growing international user base."

What sets OkEx apart?

Initially what stands out is the 0.01–100x and a contract pricing of 0.0001 BTC. Ease of use is also evident. A Linear Contract, that removes the need to hedge the margin risk of inverse contracts, as well as the intuitive trading system which gives it the feel of a spot contract.

You can also choose to hold whichever currency you like. So if you are using the BTC/USDT pair, you can hold USDT. This is something users are very happy about.

Quote
@BTCVIX tweeted:
“Just pausing at this level until more downside $BTC. 
@Okex
 USDT margined futures let you hold USDT rather than BTC -- great in a bear market
@JayHao8
 #OKexFutures”

https://twitter.com/BTCVIX/status/1197067768362946560

Customer will have even more to be happy about in the future too. The initial BTC pairing is just the start for the exchange. They are set to have cryptocurrencies such as EOS, ETH, LTC, BCH, XRP, ETC, TRX, and BSV on the USDT-margined futures market.

OkEx Future exchange leaders?

With  a far greater amount of tokens listed on their exchange than the others and is the only one to offer futures on stable coins, clearly OkEx is making a real stamp on the futures market.

When compared to fellow industry leaders, Bitmex, OkEx got the better of the exchange. They held more trading markets, had lower fees (especially for VIP users), more order types, and a bigger variety of underlying assets.

Even Binance can not compete with OkEx. User complaints about the lack of clear rules on their futures site and recent security turmoil have made Binance fall behind OkEx in the pecking order. They also fell out of the top ten in terms of the most trusted exchanges in CryptoCompare’s latest report too.
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