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What should be paid attention to when making ok contracts (okt contracts)?

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What should be paid attention to when making ok contractsEditor\’s note: This ar

What should be paid attention to when making ok contracts (okt contracts)?

What should be paid attention to when making ok contractsEditor’s note: This article is from Odaily Star Daily and is authorized to be reproduced.

OK (ok) contract is currently the most popular automatic market-making contract trading tool on the market-OK-ETH. In the traditional financial system, users can achieve zero fees and high returns without any operations. However, in the field of digital currency, due to reasons such as poor liquidity and lack of margin mechanism, the trading threshold is very high. For ordinary investors, they can participate in the OKC/USDT trading pair on the OKEx platform using their own funds or their familiar application scenarios, and earn encrypted assets as rewards by trading OKCoin currencies or margin tokens. Therefore, it is important to note that in order to avoid losses, it is recommended to first choose a strategy that is suitable for oneself based on one’s own expertise and relevant risk levels.

The main features of the OK contract: OKChain is a smart distributed ledger protocol based on blockchain technology, which provides secure and reliable data storage and exchange services for decentralized networks; it allows anyone to directly access and operate on the blockchain without third-party permission; freely creates and issues new tokens; has a highly private and immutable multi-chain wallet ecosystem; supports wallets and DApp applications of multiple public chains, such as Ethereum and Bitcoin; supports various ERC-20 standard tokens, including BTC/ETH, EOS/DOT, BCHABC/LTC/DOGE, etc.

okt contract

According to OKEx data, the current price of okt contract is $8.98.

It is reported that Huobi has recently launched a contract trading system based on the OKChain public chain. According to the introduction, more than 50 exchanges support the use of OKK/USDT contracts, and trading or deposit and withdrawal can be done on multiple platforms such as BitMEX and Kucoin. Among them, more than 30 digital currency trading platforms such as Huobi, Binance, OKex, Gate.io, ZB, Upbit, and HitBTC also support the use of OKK as contract margin.

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