OKX Simplifies Leveraged Trading with X-Perps Simple Mode in Europe

Cryptocurrency exchange OKX has launched a new trading feature in Europe called X-Perps Simple Mode, aimed at making leveraged trading more accessible to users by simplifying the process of opening and managing perpetual contracts.

The new feature offers access to over 80 markets covering cryptocurrencies, stocks, commodities, and exchange-traded funds (ETFs), giving users a broader range of assets through a simplified trading interface. Users can leverage up to 10x with risk management tools such as take-profit and stop-loss orders.

OKX's X-Perps Simple Mode also introduces locked execution prices designed to reduce the impact of slippage during trades, which occurs when market conditions change quickly between the time an order is submitted and executed. This feature can provide users with greater certainty when entering trades.