OKX Launches Spot Margin Trading in Europe
Summary
OKX, a global on-chain technology company, announced the launch of Spot Margin trading for its customers across Europe, expanding its advanced trading tools regionally. This new offering includes up to 10x leverage for both long and short positions on BTC and ETH margin trading pairs against USDC, executed via an independent unified USD EEA orderbook to ensure regulatory compliance. The service emphasizes a transparent, risk-managed framework, featuring comprehensive risk controls, transparent Loan-to-Value (LTV) parameters, and OKX's global Proof-of-Reserves verification system. Erald Ghoos, CEO of OKX Europe, stated that this launch reflects the company's commitment to providing secure and transparent trading tools to the tier-1 European market while meeting regulatory expectations.
(Source:BeInCrypto)