OKX Launches X-Perps in Europe: MiFID Regulated Crypto Derivatives with up to 10x Leverage

OKX has launched X-Perps, a new suite of MiFID-regulated crypto derivatives offering up to 10x leverage, available to retail and institutional traders across the European Economic Area (EEA). These five-year expiry derivatives are designed for capital-efficient trading of volatility and directional positions within a regulated framework. X-Perps feature advanced margin capabilities through a unified account with real-time, multi-asset, and multicurrency modes, allowing for optimized capital use and reduced margin requirements. The product utilizes a funding rate mechanism to align derivatives pricing with the spot market, offering arbitrage opportunities. Built on OKX's robust derivatives infrastructure, X-Perps provide deep liquidity and fast execution. Traders benefit from features like multi-asset collateral (EUR, USD, major cryptos), advanced order types, and real-time risk management. OKX Europe CEO Erald Ghoos emphasized Europe as a priority market and highlighted X-Perps' role in providing a trusted, high-performance derivatives trading environment. The launch is part of OKX's broader European strategy focused on regulated growth and user protection, including enhanced educational resources and an appropriateness assessment for traders.

(Source：BeInCrypto)