Seychelles, March 25, 2021 — (www..com), a world-leading cryptocurrency spot and derivatives exchange, has become one of the first major trading platforms to incorporate Unified Account management for its users, with a highly developed risk-management logic that makes it unique in the market. Also known as Portfolio Margin, Unified Account is an innovative product feature that allows users to trade across all instruments — spot, margin, futures, perpetual swaps, and options — from within one account. Users can manage funds, trading tools, risk management, and more from one place, allowing them to focus their energy on trading rather than operational overhead.
Okex will be gradually rolling out this exciting new feature to all account users starting today. Unified Account comes with several additional core benefits that are unique among all major cryptocurrency exchanges. Of particular note, users can now trade with any instrument using all of their purchasing power. So, if a user wants to trade ETHUSD with BTC (or another asset), they no longer have to purchase ETH first. This makes it particularly useful for traders who compute their profit and losses in USDT. Transaction costs are also reduced since users no longer have to buy altcoins with BTC or USDT.
With three different account modes available, 's Unified Account feature was designed with all types of users in mind — from beginner to professional and institutional:
Simple mode: Caters to spot traders and options buyers.
Single-currency margin mode: Suited for margin and derivatives traders seeking to optimize their capital across all trading instruments, with the ability to select cross-margin or isolated-margin with their open positions.
Multi-currency margin and portfolio margin mode: signed for the most advanced users on , including professional and institutional traders, as well as API users. The key difference with this model is that users' assets in different currencies (as valued in USD) can be used as collateral.
Unified Account substantially improves users’ operational and margin efficiency, and supports margin sharing across spot trading, leveraged trading, futures trading, and perpetual swaps and options.
On the launch of the Unified Account feature, CEO Jay Hao commented:
"We want all traders to have the best experience when trading on our platform, whether they are new to crypto trading or already battle-hardened. With this new feature, each account mode is customizable and suits varying degrees of experience, allowing for trading with different appetites for risk. We have invested significant resources into providing a sophisticated and flexible product, and look forward to meeting the needs of our growing number of users."
Advanced trading features such as Portfolio Margin are not available on traditional exchanges like NYSE and CME, as they substantially increase providers’ risk. However, some prime brokerages and banks offer this type of service to high-net-worth individuals who have more capital and trading experience to manage their risks more proactively. Thanks to its state-of-the-art risk management system, is able to provide crypto traders with the same enhanced trading experience through Unified Account management.
About
A world-leading cryptocurrency spot and derivatives exchange offers the most diverse marketplace where global crypto traders, miners, and institutional investors come to manage crypto assets, enhance investment opportunities, and hedge risks. We provide spot and derivatives trading — including futures, perpetual swap, and options — of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.
Campaign Time 0:00, 30 March 2021 (GMT+7) - 23:59, 12 April 2021 (GMT+7)
In this crypto bull season, what every trader needs is a way to maximize their purchasing power and go hard on the tokens when it’s the right time. knows it all, that’s why we present to all users our new powerful product, Unified Accounts!
In celebration of the bull market and the launch of Unified Accounts, we put up a #BullRun promotion with a USD 10,000+ prize pool for our SEA users!
Game Rules
In order to win your part of the prize pool, you will need to complete the following tasks during the campaign period:
Share designated social media post (http://bit.ly/UAPH_fb OR http://bit.ly/UAPH_TW) and include the following:
*The hashtag #BullRun;
*User’s referral link.
*Complete the google form on the campaign page.
Social Savvy Reward
The first 2,000 users who share the designated social media post of their corresponding countries and submit their application Google Form will be rewarded with a 10 USDT Rebate Card.
Hand-in-hand Reward
Eligible participants will share a price pool of 10,000 USDT according to their number of successful referrals* during the promotion period.
*A success referral refers to a user newly registered during the process.
Eligibility
Users are required to fulfill the following requirements in order to be eligible for participating in this promotion:
1. Users must pass KYC-2 with either Thai, Vietnamese, Philippine or Indonesian documents. For Indonesian users, KYC-2 requirements can be substituted by a total deposit of 100 USDT equivalence of any coins or tokens during the campaign period;
2. Users must submit their application through the designated Google Form before the promotion deadline.
Terms & Conditions
1. Rewards will be distributed to eligible users’ wallets within 15 business days after promotion ends;
2. reserves the right to cancel or amend any campaign rules at our sole discretion;
3. reserves the right to final interpretation of the campaign rules.
Media Contact
Email: media@.com
Vivien Choi
Telegram: @vivienchoi
Andrea Leung
Telegram: @andrea_414
Follow
Twitter: https://twitter.com/
Facebook: https://www.facebook.com/official/
LinkedIn: https://www.linkedin.com/company//
Medium: https://medium.com/@
Telegram group - https://t.me/Official_English
will be gradually rolling out this exciting new feature to all account users starting today. Unified Account comes with several additional core benefits that are unique among all major cryptocurrency exchanges. Of particular note, users can now trade with any instrument using all of their purchasing power. So, if a user wants to trade ETHUSD with BTC (or another asset), they no longer have to purchase ETH first. This makes it particularly useful for traders who compute their profit and losses in USDT. Transaction costs are also reduced since users no longer have to buy altcoins with BTC or USDT.
With three different account modes available, 's Unified Account feature was designed with all types of users in mind — from beginner to professional and institutional:
Simple mode: Caters to spot traders and options buyers.
Single-currency margin mode: Suited for margin and derivatives traders seeking to optimize their capital across all trading instruments, with the ability to select cross-margin or isolated-margin with their open positions.
Multi-currency margin and portfolio margin mode: signed for the most advanced users on , including professional and institutional traders, as well as API users. The key difference with this mode is that users' assets in different currencies (as valued in USD) can be used as collateral.
's Unified Account substantially improves users’ operational and margin efficiency, and supports margin sharing across spot trading, leveraged trading, futures trading, and perpetual swaps and options.
On the launch of the Unified Account feature, CEO Jay Hao commented:
"We want all traders to have the best experience when trading on our platform, whether they are new to crypto trading or already battle-hardened. With this new feature, each account mode is customizable and suits varying degrees of experience, allowing for trading with different appetites for risk. We have invested significant resources into providing a sophisticated and flexible product, and look forward to meeting the needs of our growing number of users."
Advanced trading features such as Portfolio Margin are not available on traditional exchanges like NYSE and CME, as they substantially increase providers’ risk. However, some prime brokerages and banks offer this type of service to high-net-worth individuals who have more capital and trading experience to manage their risks more proactively. Thanks to its state-of-the-art risk management system, is able to provide crypto traders with the same enhanced trading experience through Unified Account management.
About
A world-leading cryptocurrency spot and derivatives exchange, offers the most diverse marketplace where global crypto traders, miners, and institutional investors come to manage crypto assets, enhance investment opportunities, and hedge risks. We provide spot and derivatives trading — including futures, perpetual swap and options — of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.
Campaign Time 0:00, 30 March 2021 (GMT+7) - 23:59, 12 April 2021 (GMT+7)
In this crypto bull season, what every trader needs is a way to maximize their purchasing power and go hard on the tokens when it’s the right time. knows it all, that’s why we present to all users our new powerful product, Unified Accounts!
In celebration of the bull market and the launch of Unified Accounts, we put up #BullRun promotion with USD 10,000+ prize pool for our SEA users!
Game Rules
In order to win your part of the prize pool, you will need to complete the following tasks during the campaign period:
Share designated social media post (http://bit.ly/UAPH_fb OR http://bit.ly/UAPH_TW) and include the following:
*The hashtag #BullRun;
*User’s referral link.
*Complete the google form in the campaign page.
Social Savvy Reward
The first 2,000 users who share the designated social media post of their corresponding countries and submit their application Google Form will be rewarded with a 10 USDT Rebate Card.
Hand-in-hand Reward
Eligible participants will share a price pool of 10,000 USDT according to their number of successful referrals* during the promotion period.
*A success referral refers to a user newly registered during the process.
Eligibility
Users are required to fulfill the following requirements in order to be eligible for participating in this promotion:
1. Users must pass KYC-2 with either Thai, Vietnamese, Philippine or Indonesian documents. For Indonesian users, KYC-2 requirements can be substituted by a total deposit of 100 USDT equivalence of any coins or tokens during the campaign period;
2. Users must submit their application through the designated Google Form before the promotion deadline.
Terms & Conditions
1. Rewards will be distributed to eligible users’ wallets within 15 business days after promotion ends;
2. reserves the right to cancel or amend any campaign rules at our sole discretion;
3. reserves the right to final interpretation of the campaign rules.
Media Contact
Email: media@.com
Vivien Choi
Telegram: @vivienchoi
Andrea Leung
Telegram: @andrea_414
Follow
Twitter: https://twitter.com/
Facebook: https://www.facebook.com/official/
LinkedIn: https://www.linkedin.com/company//
Medium: https://medium.com/@
Telegram group - https://t.me/Official_English
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