OKEx, a Hong Kong-based cryptocurrency exchange owned by OKCoin has added seven token pairs in margin trading.
“To provide you with more available options to optimize your trading strategy, we have launched new token pairs in Token Margin Trading,” the trading platform said on its website.
The pairs include:
- BCH/USDT
- LTC/USDT
- ETH/USDT
- ETC/USDT
- ETC/BTC
- IOST/BTC
- QTUM/BTC
The exchange reminded that margin trading, which involves borrowing funds to increase your purchase power, confers a higher profit potential but also greater risks.
“You are suggested to carefully evaluate your intended investments in light of your knowledge, experience, financial positions and objectives,” OKEx said.
On March 30 OKEx closed its markets in token trading relating to Bitcoin Cash.
OKEx is the third largest cryptocurrency exchange with trading volume ($759 million) after Binance ($1.4 billion) and Huobi ($950 million).
By Jade Olafson