We're excited to share that OKX will enable BIGTIME margin trading and Simple Earn services at 1:00 PM UTC on October 12, simultaneously listing USDT-margined perpetual swaps for BIGTIME. This update enhances trading flexibility across web, mobile app, and API platforms.
Key Trading Features for BIGTIME
I. Margin Trading and Simple Earn Activation
- New Trading Pair: BIGTIME/USDT spot margin trading
Margin Tiers:
- Tiered margin levels detailed in Margin Borrowing Position Tiers
Simple Earn Parameters:
- Program rules available at Simple Earn Business Rules
👉 Start trading BIGTIME with competitive leverage
II. BIGTIME Perpetual Swap Specifications
| Parameter | Value |
|---|---|
| Underlying Index | BIGTIME/USDT |
| Settlement Currency | USDT |
| Contract Size | 10 BIGTIME |
| Price Calculation | USDT-denominated BIGTIME value |
| Minimum Price Move | 0.00001 |
| Leverage Range | 0.01-75x |
| Funding Rate | Clamped at ±0.75% |
| Market Hours | 24/7 trading |
Special Funding Rate Notice:
- Initial rate cap: 0.03% until 4:00 PM UTC October 12
- Standard cap: 1.50% resumes afterward (first standard fee charged at 8:00 AM UTC October 13)
Risk Management and Trading Guidelines
- Price limits follow standard perpetual swap protocols
- Review the Perpetual Swap Trading Agreement for comprehensive rules
👉 Explore advanced trading strategies for BIGTIME
Frequently Asked Questions
When does BIGTIME margin trading begin?
Margin trading activates precisely at 1:00 PM UTC on October 12 across all OKX platforms.
What's special about the initial funding rate?
To ensure market stability, the funding rate is temporarily capped at 0.03% for the first seven hours after launch.
Can I use cross margin for BIGTIME trades?
Yes, BIGTIME supports both isolated and cross margin modes, with leverage up to 75x depending on your risk tier.
How does Simple Earn work with BIGTIME?
BIGTIME becomes available in both Flexible and Locked Simple Earn products, with rates visible post-launch.
Are there API updates for these new features?
All API endpoints supporting margin and perpetual trading will automatically include BIGTIME parameters at launch time.
OKX continuously expands its crypto derivatives offerings to provide traders with diversified opportunities. Stay tuned for more asset listings and feature enhancements.