OKX Expands European Spot Margin Service with 10 New USDC Pairs
OKX has expanded its spot margin service in Europe by adding 10 USDC spot margin pairs, allowing eligible traders to take long or short positions across additional tokens. The new markets support up to 10x leverage and use USDC as collateral, which is backed by cash and short-dated U.S. government debt.
The exchange added HYPE/USDC, ZEC/USDC, LINK/USDC, ONDO/USDC, ENA/USDC, AAVE/USDC, NEAR/USDC, TRUMP/USDC, OKB/USDC, and BNB/USDC. The selected markets allow for leverage of up to 10x, although the available limit may differ by pair and user.
OKX's borrowing charges are calculated hourly and apply only to the amount borrowed. The exchange does not impose a separate fee for opening the margin position or a recurring rollover charge, though normal trading and liquidation fees can still apply. NEAR led the listed tokens with a 7.2% daily gain, followed by ENA at 5.6%, according to CoinGecko data.