OKX expands X-Perps in Europe with Magnificent 7, gold and oil futures

OKX rolls out tokenized stock and commodity perps for EU retail traders, expanding competition with Coinbase, Kraken and Binance in regulated derivatives.

OKX is rolling out perpetual futures tied to the Magnificent 7, SPY, QQQ and major commodity benchmarks for European retail customers.

In a Tuesday release shared with Cointelegraph, OKX said the new X-Perps markets allow users to trade futures tied to top US technology stocks, alongside index-linked contracts based on the S&P 500 and Nasdaq-100 via SPY and QQQ.

The products also provide exposure to gold, silver and oil with up to 10x leverage, using the same margin pool as customers' crypto holdings.

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