OKEx Exchange and Genesis Vision Partner to Add Over 500 Tradeable Digital Assets
Genesis Vision Ready to Have Access to 500 Digital Assets
One of the largest virtual currency exchanges in the market, OKEx, has announced a new partnership with the company Genesis Vision. This platform aims to provide a private trust management market.
According to the official report, Genesis Vision managers will have the possibility to easily use and trade on the OKEx exchange platform. Investors using the Genesis Vision platform are able to create an account and set up an investment program. After it, the manager starts trading with the help of a specialized broker.
Managers at Genesis vision will have access to over five hundred digital assets available in the market. At the same time, users will have the possibility to trade futures. With futures trading, individuals using the platform will be able to open short and long positions when they consider it. Additionally, advanced traders can hedge open positions by using futures trading. Since OKEx has a very professional platform, there are advanced tools that Genesis Vision managers can use to improve their results. Users will be able to use 10x and 20x leverage in order to increase their trading power.
Furthermore, Genesis Vision managers are also able to avail the flexible trading fee system that is a ‘volume-based maker-taker fee schedule.’ As traders increase their volume in the platform, the fees are reduced.
OKEx is currently the third largest virtual currency exchange in the market. In the last 24 hours, it has registered a trading volume of $754 million dollars. Binance, for example, the most used exchange has handled $1.22 billion dollars in trading volume.
The most important trading pairs at OKEx are BTC/USDT, EOS/USDT and ETH/USDT, accounting for 50% of the total trading volume. According to CoinMarketCap, the exchange has more than 500 trading pairs.