OKEx launches perpetual contracts for Polkadot and Filecoin

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Avatar for AlanOne
3 years ago

For the first time we are witnessing a listing of advanced products such as perpetual swap trading on an exchange, OKEx, regarding both Filecoin (FIL) and Polkadot (DOT):

https://twitter.com/OKEx/status/1285771756872110082

A few days ago the listing of these products and their assets took place and they have already been added to the previous products of this kind, effectively expanding the offer, an offer that has beaten the competition since OKEx is the first that has given the possibility to use these tools with these blockchain.

We remind you that Filecoin (FIL) is a decentralized storage project, which dates back to 2017, and that its mainnet was recently launched on July 14, and that in the last period has seen its price increase a lot and compared to its ICO has increased by 1700%, a project that has certainly aroused the interest of many users since it wants to solve precisely the problem of space and make it decentralized.

Impressive numbers have also been recorded in this swap market, commented OKEx's Director of Financial Markets, Lennix Lai:

"We had a good start on the Filecoin perpetual swap market with more than 5,500 FIL, with a notional value of around $990,000 traded in less than two hours since its inception, trading in less than $0.1 spread on average."

As far as Polkadot (DOT) is concerned, great are the expectations for this blockchain, which was also recently launched and has already started the first vote on the name of the token to use, and aims to connect several blockchain and to be a good test for its protocol that has implemented the sharding, and even here we record some interesting and triple digit numbers for the token.

Always looking for new products and technologies said OKEx CEO Jay Hao:

"We are pleased to constantly innovate in the cryptocurrency space and find new ways to provide traders with the opportunity to use different trading strategies to capitalize on volatility. We will continue to expand our product offering with high-quality projects such as these to engage and attract more traders."

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