Crypto Exchange OKX Goes Live With ‘Nitro Spreads,’ Allowing One-Click Basis Trading

OKX has launched “Nitro Spreads,” a feature on its over-the-counter institutional liquid marketplace that allows traders to make complex basis trades in one-click.

"In the current complex market environment, institutions demand reliability, predictable returns and genuine innovation when choosing a trading venue,” said Lennix Lai, global chief commercial officer at OKX. “This is especially true in basis trading, where precision and flawless execution are paramount,” he added.

“Traders can place resting orders with a fixed spread - they do not need to worry about immediate execution,” said Lai. “If the actual spread moves against their chosen spread, their orders will remain passive and not be executed.”

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