Chainwhy Network - June 19, 2024
OKX announces the upcoming listing of LayerZero (ZRO) for spot trading, margin trading, perpetual contracts, and Easy Earn products. Below are the detailed timelines and rules:
ZRO Trading Schedule
- Deposit Opens: June 19, 4:00 PM (UTC+8)
- ZRO/USDT Spot Trading: June 20, 8:00 PM (UTC+8)
- Withdrawal Opens: June 21, 6:00 PM (UTC+8)
Product Launch Details
1. Perpetual Contracts (ZROUSDT)
Launch Time: June 20, 8:30 PM (UTC+8) on Web/App/API
| Contract Specs | Details |
|---|---|
| Underlying Index | ZRO/USDT |
| Settlement Crypto | USDT |
| Contract Face Value | 1 ZRO |
| Minimum Price Increment | 0.001 USDT |
| Leverage | 0.01–50x |
| Funding Rate Mechanism | Clamped premium rate (±0.75%) with zero base interest rate |
| Trading Hours | 24/7 |
Note: Initial funding rate cap of 0.03% until June 21, 12:00 AM (UTC+8), reverting to 1.5% thereafter.
2. Margin Trading & Easy Earn
Launch Time: June 21, 12:00 PM (UTC+8)
- Margin Pairs: ZRO/USDT
- Tiered Margin Rules: Refer to OKX Margin Trading Docs post-launch.
- Easy Earn Allocation: Subject to platform rules.
FAQ Section
Q1: When can I withdraw ZRO?
A: Withdrawals open on June 21, 6:00 PM (UTC+8).
Q2: What leverage is available for ZRO perpetual contracts?
A: Up to 50x leverage.
Q3: Are there risks with high leverage?
A: Yes. High leverage amplifies both gains and losses—trade cautiously.
Disclaimer: Cryptocurrencies are volatile investment assets. Assess risks independently before trading.
OKX remains committed to superior product offerings and user experience.
### SEO Keywords:
- LayerZero (ZRO)
- OKX listing
- Perpetual contracts
- Margin trading
- Easy Earn
- Cryptocurrency trading
- ZRO/USDT
### Notes: