OKEx Reports USDT-Margined Hits Record High: With More Than $4 billion USDT Trading Volumes Since Launch

OKEx, a Malta-based digital assets exchange, announced on Friday its USDT-margined futures trading has recorded an all-time high in trading volume with over $4 billion USDT (record of $41,877,476,728 USDT as of January 1st) after going live on November 14th, while USDT-perpetual swap trading has been a strong force to the derivatives market with over $100 million USDT (record of $1,046,960,179 USDT as of January 1st) trading volume upon launching on December 16th.

Speaking about the milestone,  Lennix Lai, Financial Market Director of OKEx, stated:

“This is definitely an encouraging news to start off a new year. With such a positive result from the recent USDT-margined trading launch, we are excited to not only witness the market has been evolving, but also be part of it, too. The crypto ecosystem has gone through a dramatic improvement over years, in terms of application and security. We are ready to embrace the general public and regulators, and looking forward to their acceptance for cryptocurrencies trading.”

Lai also noted:

“My team has long been committed to developing and optimizing the product portfolio of OKEx. In the road map of 2020, please again look forward to our next breakthrough of not only our products, but also the overall experience and journey we have put traders through, for example, the on-going Global Elite Trading Team Contest where traders can learn, trade and try out our new product at the same time.”

OKEx then concluded that after last week’s leader recruitment to peruse a 10-day challenge from January 6th, traders are now invited to join an open team or a closed team through invitation codes.

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