OKX Adjusts Discount Rates for BETH
2024年7月18日 - 11:00PM
OKX, a leading crypto exchange by trading volume and a leading Web3
technology company, has issued updates for July 18, 2024.
OKX Adjusts Discount Rates for BETHOKX has made
adjustments to the discount rates for BETH in the multi-currency
margin mode and portfolio margin mode. The adjustments took place
on July 18, 2024, between 6:00 am and 8:00 am (UTC).
Following the adjustment, the discount rate for BETH will be
higher. Importantly, this change does not affect the risk level of
current positions held by users.
Specific Adjustments:
Asset |
Before |
|
After |
|
|
Tier (USD) |
Discount rate |
Tier (USD) |
Discount rate |
BETH |
0 ~ 1,000,000 |
0.8 |
0 ~ 2,000,000 |
0.95 |
|
1,000,000 ~ 2,000,000 |
0.75 |
2,000,000 ~ 4,000,000 |
0.85 |
|
2,000,000 ~ 4,000,000 |
0.5 |
4,000,000 ~ 8,000,000 |
0.5 |
|
> 4,000,000 |
0 |
> 8,000,000 |
0 |
Introduction to Discount Rates:In the
multi-currency cross margin mode and portfolio margin mode, various
currencies in cross margin accounts can be converted into their USD
value and used as margin. Due to significant differences in market
liquidity of each currency, the platform calculates their actual
USD value based on specific discount rates to balance market
risks.
To learn more, visit OKX's Support Center.
For further information, please
contact:Media@okx.com
About OKXOKX is a leading global crypto
exchange and innovative Web3 company. Trusted by more than 50
million global users, OKX is known for being the fastest and most
reliable crypto trading app for traders everywhere.
To learn more about OKX, download our app or visit: okx.com
DisclaimerThis announcement is provided for
informational purposes only. It is not intended to provide any
investment, tax, or legal advice, nor should it be considered an
offer to purchase, sell, hold or offer any services relating to
digital assets. Digital assets, including stablecoins, involve a
high degree of risk, can fluctuate greatly, and can even become
worthless.