OKX Unveils Simplified X-Perps Trading With Up to 10x Leverage Across 80+ Markets
OKX's X-Perps in simple mode has expanded to offer up to 10x leverage trading across over 80 markets, including crypto, stocks, commodities, and ETFs. Users can now trade with ease using a simple layout that requires minimal setup.
The feature allows users to open and close positions quickly, adjust their trades with one swipe, and set stop-loss and take-profit limits at the same time as opening a position. The default leverage is 3x, but users can increase it up to 10x before confirming the trade.
X-Perps in simple mode also features a locked entry price mechanism, which means that users will not experience any slippage when opening or closing positions. This reduces the risk of losses due to market fluctuations.
Users must complete OKX's appropriateness assessment before trading X-Perps, which is a regulatory requirement to confirm their understanding of leverage and margin products.