Cryptocurrency Exchange

OKEx to Introduce DASH Trading Pairs Soon on Perpetual Swap Market

World’s leading spot and futures crypto exchange OKEx announced on Monday that it would soon introduce pairs for DASH cryptocurrency on the network’s perpetual swap market. The two new pairs will DASH/USDT and DASH/USD.

As per an official announcement on the website, the Dash perpetual swap trading will go live on the platform from March 11, 07:00 (UTC). It further stated,

In order to offer a better trading experience and enhance the liquidity in the perpetual swap market, we will offer higher maker rebates for all cryptocurrencies other than 9 major assets (BTC, ETH, EOS, LTC, BCH, XRP, ETC, BSV, TRX) by lowering the maker fee rates of all tiers by 0.020% based on the current fee schedules. We will also increase the taker fee rates of all tiers by 0.030% based on the current fee schedules.

Malta-based OKEx has been aggressively working to increase its userbase, and expanding trading options is one of the prominent ways to attract more and more traditional investors. Also, adding more options boosts liquidity, which is one quality that most crypto companies lack. The giant crypto exchange launched the derivatives based perpetual swap in December 2018.

For more details, refer to the official announcements here.

Jason Palmer

Jason Palmer joined CoinNewsSpan as an editor and analyst. He has over five years of experience as a forex analyst. He holds a master's degree in business administration with specialization in finance. He is actively involved in analyzing the prevalent crypto trends. He has a keen interest in commodities and forex trading.

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