OKEx, which had started on a high note last year, ended with so many dealers calling for its stoppage. The stock market was involved in a market manipulation scandal that led to BCH futures being settled early without warning. This happened for a few hours until the highly anticipated fork. The stock market was also accused of having falsified the trade volume data. Against this backdrop, OKEx recorded the highest trading volume of over $ 2.4 billion in 24-hour crypto derivatives.
OKEx has a perfect comeback
However, a recent event has shown that all this series of setbacks in no way threw the exchange of his game and his plans to become a world-leading crypto exchange. A recent media release revealed that the company has now reached the highest 24-hour trading volume for crypto derivatives and has withdrawn BitMEX, which previously holds this record. The report showed that $ 2.4 billion was traded on the exchange in one day.
According to the report, this number came from official information and not from the company itself.
Since the end of last year, it has been agreed that traders will boycott the crypto exchange. However, this latest report on a record trading volume has shown that traders are not finished with the platform.
A recent report has revealed that the launch of the latest perpetual swap product is very popular with stock traders. This has contributed greatly to the volume. OKEx's perpetual swap had a trading volume in excess of $ 53 billion. There are currently nine types of contract for open-ended swap available for trading. This generally includes the highest capitalization crypto. The following cryptos were listed as available for permanent swap:
Bitcoin (BTC), Ethereum (ETH) and EOS with 100x Leverage and Bitcoin Cash (BCH), Ethereum Classic (ETC), Bitcoin SV (BSV), Litecoin (LTC) and XRP with 40x Leverage.
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Post source: OKEx Exchange Records trading volume of crypto-derivatives in 24 hours of over $ 2.4 billion, outperforms BitMEX and others
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