X-Perps Europe Launch Under MiFID Rules
X-Perps Europe Launch Under MiFID Rules
OKX introduces X-Perps in Europe, a regulated crypto derivatives platform under MiFID rules, offering up to 10x leverage for traders. X-Perps Europe aims to provide a secure way to trade volatility and directional exposure.
X-Perps Features and Benefits
X-Perps includes a unified account with real-time multi-asset and multicurrency margining, allowing traders to net spot and derivatives positions under a single risk framework. This feature enables efficient risk management and streamlined trading.
Regulatory Compliance and Security
Key Regulatory Aspects
X-Perps operates under MiFID rules, ensuring a high level of regulatory compliance and security for traders. The platform accepts EUR, USD, and major crypto assets as collateral, providing flexibility and convenience.
Supported Assets and Leverage
X-Perps initially supports 10 crypto pairs, including BTC, ETH, ADA, DOGE, PEPE, LTC, PUMP, SOL, XRP, and SUI, with up to 10x leverage for eligible retail and institutional traders.
Key Takeaways
- X-Perps offers regulated crypto derivatives trading under MiFID rules
- Up to 10x leverage for eligible traders
- Unified account with real-time multi-asset and multicurrency margining
- Supports 10 crypto pairs and accepts EUR, USD, and major crypto assets as collateral
Frequently Asked Questions
What is X-Perps?
X-Perps is a regulated crypto derivatives platform launched by OKX in Europe, operating under MiFID rules.
What are the benefits of X-Perps?
X-Perps provides a secure and regulated way to trade volatility and directional exposure, with features like unified accounts and real-time margining.
