The OKEx exchange today launched futures based on the Tron (TRX) crypto, which was announced on the support blog. The trading of futures contracts will start at 8 am CET.
The announcement also reveals that all users who have completed level 2 of KYC (Know Your Customer) will get a bonus based on the deposit made and the first 50 users will share a prize of 800,000 Tron (TRX) while the rest of the users will share a prize of 200,000 Tron (TRX).
This is certainly good news for Tron and TRX since, thanks to this opportunity made available by the exchange for its customers, it could increase its volumes reflecting on a greater demand for the crypto.
OKEx is certainly not the first exchange to introduce the functionality of buying and selling futures contracts: in the past Bithumb and Huobi also announced this feature, allowing users to sell crypto at a certain price at a specific time in the future, “betting” on the price it can reach.
OKEx is also the first exchange that opens to futures on Tron (TRX), after having decided to list the crypto on March 8th, 2019.
