OKX to Adjust Discount Rates for BETH

OKX to Adjust Discount Rates for BETH

NASSAU, the Bahamas, July 10, 2024 (GLOBE NEWSWIRE) — OKX, a leading crypto exchange by trading volume and a leading Web3 technology company, has issued updates for July 11, 2024.
OKX to Adjust Discount Rates for BETHOKX is announcing an adjustment to the discount rates for BETH in the multi-currency margin mode and portfolio margin mode. This adjustment is scheduled to take place on July 18, 2024, between 6:00 am and 8:00 am (UTC).
Following the adjustment, the discount rate for BETH will be higher. Importantly, this change will not affect the risk level of current positions held by users.
Specific Adjustments:
AssetBefore After  Tier (USD)Discount rateTier (USD)Discount rateBETH0 ~ 1,000,0000.80 ~ 2,000,0000.95 1,000,000 ~ 2,000,0000.752,000,000 ~ 4,000,0000.85 2,000,000 ~ 4,000,0000.54,000,000 ~ 8,000,0000.5 > 4,000,0000> 8,000,0000
To learn more, visit OKX’s Support Center.
For further information, please contact:Media@okx.com
About OKXOKX is a leading global crypt

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