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OKX rolls out X-Perps across Europe in regulated derivatives push

The Cointelegraph โ€‹

Cryptocoins News / The Cointelegraph โ€‹ 457 Views

OKX rolls out X-Perps across Europe in regulated derivatives push

The exchange said the new product is available across the European Economic Area through its Malta-based MiFID business, with up to 10x leverage and multi-asset collateral.

OKX said Wednesday it is rolling out a Europe-specific crypto derivatives product called X-Perps, extending its regulated offering across the European Economic Area (EEA) through its Malta-based MiFID business.

The company said the new derivatives product is available to retail and institutional traders across all 30 EEA countries.

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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