OKX Announces Launch of Spot Margin Trading Service for European Clients
AI Summary1 min read
TL;DR
OKX has launched a spot margin trading service for European clients, offering up to 10x leverage and cross-margin mode while adhering to local regulations. This move expands access to margin trading in Europe with enhanced transparency and risk management.
Tags
OKXspot margin tradingEuropean clientscryptocurrency exchangeleverage
Mars Finance reported on December 16th that OKX announced the launch of its spot margin trading service for European clients. European users will be able to utilize existing margin trading tools on the OKX global platform, while ensuring all operations are conducted within the framework of local regulatory requirements. This new product increases the leverage ratio of spot margin trading to 10x and adds a cross-margin mode, allowing clients to use their entire portfolio as collateral. OKX stated that this product, leveraging its global risk management infrastructure and reserve verification system, further strengthens its emphasis on transparency and asset backing, and opens margin trading to a wider European user base.