VALLETTA, Malta, July 25 (Bernama-GLOBE NEWSWIRE) — OKEx, a world-leading cryptocurrency exchange, has donated $4.5 million-worth of Bitcoin to its perpetual swap market insurance fund to foster customers’ confidence in trading cryptocurrencies.
Last year, OKEx introduced perpetual swap trading along with the new risk management system which their customers widely benefited from. Since the adoption of the new risk management system, the exchange has recorded zero clawback for the futures and perpetual swap markets, even under extreme volatility. The donation to the perpetual swap insurance fund will now provide an extra layer of protection to the customers, further ensuring that all customers’ interests are safeguarded.
