OKEx increases leverage to 5x
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OKEx, a Malta-based cryptocurrency exchange, announced Tuesday it is increasing leverage for trading on margin from 3x to 5x. The 5x leverage will initially be available for bitcoin, ethereum, bitcoin cash, litecoin, ethereum classic and EOS pairs.
The estimated margin call ratio of all trading pairs is adjusted to 120 percent while the margin call ratio remains 110 percent.
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Larry joined crypto research full time in early 2017 and has expertise in capital markets, market structure and early stage DeFi companies/protocols and token economics. He has a background in economics and finance.
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