Flash News: OKX to Enable Margin Trading & Savings and List Perpetual for Radiant ($RDNT)
VICTORIA, Seychelles, April 23, 2023 (GLOBE NEWSWIRE) — OKX, the world-leading cryptocurrency platform, is pleased to announce that it will list Radiant ($RDNT) for perpetual and enable margin and savings as of April 24, 2023.
RDNT margin trading and savings will be enabled at 7:00 am UTC. USDT-margined perpetual swaps for $RDNT will be listed at the same time. The updates will cover both the web and app interfaces as well as API. The details are as follows:
- Margin Trading and Savings
- Spot margin trading will be activated for following pairs: RDNT/USDT
- For the details of the tiered margin ratio, please refer to Margin Borrowing Position Tiers after the official listing.
- For the limits of savings, please refer to the Business Rules for Savings after the official listing.
- $RDNT Perpetual Swap Trading
|Face value||10 RDNT|
|Price quotation||1 RDNT value calculated in USDT equivalent|
|Funding rate||Clamp(MA(((best bid + best offer) / 2 – spot index price)／spot index price – interest), -0.75%, 0.75%), interest = 0|
For further information, please contact:
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