Summary
- OKX said it has started supporting Bitcoin (BTC) and Ethereum (ETH) spot margin trading in Europe.
- The supported pairs are BTC/USDC, ETH/USDC, and a maximum of 10x leverage is provided.
- OKX said this move aims to strengthen the competitiveness of derivatives and spot-linked products in the European market.
The global virtual asset (cryptocurrency) exchange OKX is supporting Bitcoin (BTC) and Ethereum (ETH) spot margin trading in the European region. It is expanding trading products for European users.
On the 16th (local time), according to crypto-focused media The Block, OKX launched spot margin trading services for Bitcoin and Ethereum in Europe. The supported trading pairs are BTC/USDC and ETH/USDC.
The maximum leverage offered in this spot margin trading is 10x. Users can buy or sell Bitcoin and Ethereum using USDC as collateral.
OKX plans to strengthen competitiveness in derivatives and spot-linked products in the European market through this measure. It continues to expand product offerings tailored to the European regulatory environment.
Europe has recently emerged as a strategic core market for major global exchanges as virtual asset regulatory frameworks become more concrete. OKX is also continuing to roll out products on the premise of regulatory compliance.
JH Kim
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