OKEx the world’s largest futures cryptocurrency exchange, will launch a tiered upkeep margin ratio system for spot margin buying and selling throughout 07:00-08:00 Dec 9, 2019 (UTC), to decrease leverage threat and better borrowing limits. Per launched such system onto futures buying and selling early this yr, optimistic market suggestions has demonstrated successful with reference, therefore it’s set to increase its utilization throughout the portfolio.
The OKEx tiered upkeep margin ratio system runs in a method the place the upper the borrowing quantity, the larger the upkeep margin ratio is required and the decrease the utmost leverage a consumer can use. Tiered upkeep margin ratio system has successfully improved the buying and selling expertise of customers. Not solely does it forestall cascade liquidation, but it surely additionally allows customers to have a wider alternative of leverage ranges.
Benefits of the tiered upkeep margin ratio system
“We are beyond just an exchange in the crypto community, we are a driver in the space where we would like to lead the growth of the community. Upon listening to each of the feedback, OKEx team has taken users’ interest of their prioritized consideration in supporting the system,” mentioned Jay Hao, CEO of OKEx. “Extending the adoption of the enhanced risk management system to spot margin trading offers users another novelty value along their trading journey.”