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Commodities

OKX Introduces Gold Event Contracts for Binary Trading

Guavy AI Editorial Team
Instruments
Gold
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OKX has introduced XAU (Gold) Event Contracts, allowing users to trade binary outcomes based on gold price movements. This marks the platform's first Event Contract featuring a traditional finance asset as the underlying instrument.

The new contracts, available on web, app, and API, include Daily Up/Down and Daily Price Above formats. Settlement is based on an index-linked system that uses the arithmetic mean of per-second XAU-USDT prices in the minute before the 5:00 PM US Eastern Time settlement.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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