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OKX to Launch BARD Margin Trading, Simple Earn and Flexible Loan on September 19

According to an official announcement, OKX will activate BARD/USDT margin trading, Simple Earn Flexible, and Flexible Loan services at 3:00 PM UTC+8 across web, app, and API platforms.

USDT

Summary

According to an official announcement, OKX will launch BARD margin trading, Simple Earn, and flexible borrowing services on September 19 at 3:00 PM (UTC+8). The rollout will cover web, app, and API platforms, expanding the exchange’s available trading and financial products.

Terms & Concepts
  • Margin Trading: A trading method that allows investors to borrow funds from an exchange to trade assets, amplifying both potential gains and losses.
  • Simple Earn: A feature offered by exchanges that provides users with flexible interest earnings on their crypto holdings.
  • Flexible Loan: A lending product that allows users to borrow crypto with flexible repayment terms, typically backed by collateral.