Cryptocurrency Change OKX introduced on July twenty fifth that it’s going to add two new USDT-based everlasting futures contracts to its platform. A brand new contract is a ineffective contract.
okx lists everlasting contracts for uselessusdt and newtusdt
Checklist timing
- UselessUSDT contract: July twenty fifth 18:00
- NewtUSDT Contract: At 18:15 on July twenty fifth, the contract in query will likely be energetic on OKX’s net platform, cellular purposes and API entry.
What’s not helpful?
It’s ineffective as a meme coin constructed on the Solana community. The undertaking cynically criticizes the notion of “usefulness” that’s typically promoted within the crypto trade, turning “no use” right into a model worth.
What’s the Newton Protocol?
Newt (Newton Protocol) goals to create AI-powered methods, automated buying and selling methods, and safe infrastructure for the developer market. The platform goals to create a next-generation AI-powered crypto buying and selling ecosystem for each particular person and institutional customers.
OKX’s transfer is a part of a technique that provides customers extra alternate options and speculative buying and selling alternatives. Specifically, the extremely risky memecoin tasks and next-generation debt/AI initiatives can deliver enticing alternatives for short-term traders.
Traders are famous to conduct a radical investigation into the character of the undertaking, volatility stage and buying and selling threat earlier than buying and selling these new everlasting contracts.
*This isn’t funding recommendation.
