OKX has announced the listing of Aevo (AEVO), a derivatives-focused L2 platform, for spot trading, with a trading schedule starting on March 12, 2024.
OKX, a leading global cryptocurrency exchange, has officially announced the listing of Aevo (AEVO), a new Tier 2 derivatives platform, on its spot trading market.
OKX revealed that Aevo, which specializes in trading options and perpetuities, will be available for spot transactions on their platform. This strategic addition is in line with OKX’s mission to diversify its trading offerings and cater to the growing demand for derivatives trading options within the crypto community.
Aevo’s integration into the OKX ecosystem: Timeline and details
Aevo’s integration into the OKX ecosystem follows a clear timeline that ensures traders can plan their strategies accordingly:
AEVO deposits will start at 10:00 UTC on March 12, 2024.
AEVO/USDT spot trading pairs will open at 10:00 UTC on March 13, 2024.
AEVO withdrawals will become available at 10:00 UTC on March 14, 2024.
Aevo’s platform is designed to enhance the trading experience by focusing on derivatives, specifically options and forward contracts. With a maximum supply of 1 billion AEVO tokens, Aevo aims to provide a stable framework for traders engaged in speculative activities regarding price movements.
Asset details and risk warning
The asset details are as follows:
Asset Name: Aevo
Ticker: AEVO
Maximum supply: 1,000,000,000
Contract address: 0xB528edBef013aff855ac3c50b381f253aF13b997
OKX issued a risk warning alongside the listing announcement, reminding users that digital assets are speculative, subject to volatility and can become illiquid at any time. Traders are advised to conduct thorough research and assess their risk appetite before venturing into digital asset trading.
OKX’s commitment to user education and support
In keeping with its commitment to user support and education, OKX encourages prospective traders to reach out through their support center or engage with the community on platforms such as Discord and Telegram for any queries.
Next steps for merchants
With the addition of Aevo to its trading platform, OKX continues to position itself as a one-stop exchange serving the diverse needs of the crypto trading community. Traders interested in AEVO are advised to stay informed about the latest developments by following OKX on various social media channels and subscribing to their updates.
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