NASSAU, the Bahamas, Jan. 31, 2024 (GLOBE NEWSWIRE) -- OKX, a leading crypto exchange and Web3 technology company, has issued updates for January 31, 2024.
OKX Lists Jupiter's JUP Token on its Perpetual Futures Market, Will Enable Margin Trading and Simple Earn for the Token
OKX will today list JUP, the token that fuels the Jupiter DEX, on its perpetual futures market, enabling users to trade the USDT-margined listing with up to 50x leverage from 4:05 PM (UTC). In addition, margin trading and Simple Earn for the JUP token will be enabled at 04:00 AM (UTC) on February 1.
This announcement follows the listing of JUP on OKX's spot market today. To mark the new listing, OKX is rewarding new users who deposit and purchase at least 50 USDT worth of JUP the chance to win a share in a 5,000 USDT prize pool. In addition, the first 1,000 users who trade at least US$100 worth of JUP will receive US$5 worth of JUP in return.
This is part of OKX's ongoing 'Solana Super Season' campaign, which features a prize pool worth up to USD150,000 and aims to encourage users to interact with the Solana blockchain's ecosystem and trade Solana-based tokens and listings. Further information on these 'New User Exclusive' and 'Trade and Earn' campaigns can be found here.
Jupiter, launched in October 2021, identifies itself as Solana's first on-chain swap aggregator. On Jupiter, users can find the most optimal trade prices across most Solana-based DEXs and DeFi platforms. Jupiter also enables cross-chain trades through a tool called the bridge comparator, which lets users compare and choose the most efficient bridge for transferring tokens from other chains to Solana.
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About OKX
OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliable crypto apps in the world.
As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.
The OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.
To learn more about OKX, download our app or visit: okx.com
