OKX launches X-Perps, MiFID-regulated crypto derivatives in Europe

OKX has launched X-Perps in Europe under MiFID rules, which offer five-year expiry crypto derivatives with up to 10x leverage across BTC, ETH and other tokens.

Crypto exchange OKX said Wednesday it is launching a Europe-specific cryptocurrency derivatives platform called X-Perps.

The company said the new derivatives product is available to retail and institutional traders across the European Economic Area (EEA).

OKX said the platform is purpose-built in compliance with the Markets in Financial Instruments Directive (MiFID), a European Union regulatory framework governing financial instruments such as securities and derivatives.

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