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OPNX launches oUSD credit currency for crypto margin trading
Published: 2023-07-05
1. Introduction of OUSD Credit Currency for Crypto Margin Trading The article discusses the launch of OUSD,a credit currency,by Opnx. OUSD is specifically designed to facilitate margin trading within the cryptocurrency market. Margin trading allows traders to borrow funds to increase their buying power and potentially amplify their profits. OUSD aims to provide a stable and secure credit currency option for traders engaging in margin trading activities within the crypto space.
2. Benefits and Features of OUSD Credit Currency Opnx's OUSD introduces several unique features that make it a promising option for traders. Firstly,OUSD is pegged to the U.S. dollar,giving it stability and preventing excessive fluctuations in value. This stability is essential for margin trading,as it allows traders to have better control over their risk exposure. Furthermore,OUSD offers various borrowing options,allowing traders to access funds based on their risk appetite and trading strategies. The credit currency also provides built-in risk management tools to help traders mitigate potential losses and prevent margin calls.
3. Potential Impact on the Crypto Market and Traders The launch of OUSD is expected to have a significant impact on the crypto market and traders involved in margin trading. By providing a stable credit currency,Opnx aims to attract more traders to engage in margin trading activities within the crypto space. This increased participation could potentially lead to higher trading volumes and liquidity,bringing more stability and maturity to the market. Moreover,OUSD's risk management tools can help reduce the likelihood of margin calls and liquidations,which are common risks associated with margin trading in cryptocurrencies. This enhanced risk management capability may attract more risk-averse traders and institutional investors to participate in margin trading,further boosting market liquidity. In summary,Opnx's launch of OUSD as a credit currency for crypto margin trading brings stability,risk management features,and enhanced borrowing options to the market. These developments have the potential to attract a broader range of traders and investors,increasing trading volumes and liquidity within the crypto space.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,065.30 | 2,055,713,504.40 |
| 2 | BTC |
63,025.99 | 1,828,505,717.57 |
| 3 | ETH |
3,121.45 | 861,986,227.54 |
| 4 | SOL |
136.50 | 572,228,470.59 |
| 5 | PEPE |
<0.01 | 308,506,105.89 |
| 6 | WIF |
2.70 | 189,215,790.65 |
| 7 | XRP |
0.52 | 179,480,311.29 |
| 8 | COS |
0.03 | 160,500,158.88 |
| 9 | BONK |
<0.01 | 148,777,295.18 |
| 10 | DOGE |
0.15 | 146,513,326.19 |
| 11 | NEAR |
7.18 | 143,539,067.32 |
| 12 | ENA |
0.82 | 132,767,376.59 |
| 13 | BOME |
<0.01 | 93,789,661.92 |
| 14 | LTC |
87.24 | 89,484,250.43 |
| 15 | RUNE |
5.05 | 88,741,762.40 |
| 16 | FLOKI |
<0.01 | 66,954,505.95 |
| 17 | AVAX |
34.25 | 64,609,084.95 |
| 18 | WLD |
4.70 | 60,848,562.32 |
| 19 | HBAR |
0.11 | 55,807,260.26 |
| 20 | TRX |
0.12 | 51,047,322.29 |
| 21 | LINK |
14.25 | 45,803,352.11 |
| 22 | FTM |
0.70 | 45,373,300.87 |
| 23 | ADA |
0.46 | 45,171,634.82 |
| 24 | SEI |
0.56 | 43,133,097.05 |
| 25 | RNDR |
7.96 | 43,061,941.16 |
| 26 | FIL |
5.85 | 42,540,800.75 |
| 27 | MATIC |
0.70 | 42,076,220.27 |
| 28 | ETC |
26.82 | 40,265,625.73 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 |  GLM |
0.50 | +27.36 |
| 2 | COS |
0.03 | +15.77 |
| 3 |  BNX |
0.99 | +15.65 |
| 4 |  LOOM |
0.10 | +14.67 |
| 5 |  ELF |
0.66 | +13.39 |
| 6 |  POWR |
0.33 | +9.23 |
| 7 |  REI |
0.09 | +4.90 |
| 8 |  HIGH |
3.71 | +2.86 |
| 9 |  GAS |
5.53 | +2.77 |
| 10 |  SSV |
45.80 | +2.62 |
| 11 |  DYM |
3.63 | +2.31 |
| 12 |  EOS |
0.83 | +2.12 |
| 13 |  ATM |
3.17 | +2.03 |
| 14 |  IQ |
<0.01 | +2.01 |
| 15 | TRX |
0.12 | +1.96 |
| 16 |  PSG |
5.29 | +1.83 |
| 17 | LTC |
87.24 | +1.80 |
| 18 |  SUN |
0.02 | +1.62 |
| 19 |  SANTOS |
6.62 | +1.39 |
| 20 |  NEO |
17.83 | +1.19 |
| 21 |  AERGO |
0.13 | +0.91 |
| 22 |  STORJ |
0.55 | +0.70 |
| 23 |  WIN |
<0.01 | +0.63 |
| 24 |  APE |
1.28 | +0.31 |
| 25 |  PAXG |
2,333.00 | +0.30 |
| 26 |  USDP |
1.00 | +0.21 |
| 27 | ETC |
26.82 | +0.15 |
| 28 |  ARK |
0.81 | +0.04 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  TFUEL |
0.11 | -14.56 |
| 2 |  LSK |
1.63 | -12.12 |
| 3 | BOME |
<0.01 | -11.54 |
| 4 |  ATA |
0.20 | -11.38 |
| 5 | WIF |
2.70 | -11.13 |
| 6 | W | 0.57 | -10.83 |
| 7 | SEI |
0.56 | -8.86 |
| 8 | RONIN | 2.73 | -8.38 |
| 9 |  FORTH |
4.18 | -8.29 |
| 10 | BONK |
<0.01 | -8.24 |
| 11 |  PROS |
0.37 | -8.08 |
| 12 |  OMNI |
19.43 | -7.87 |
| 13 | RUNE |
5.05 | -7.84 |
| 14 |  VOXEL |
0.25 | -7.82 |
| 15 | HBAR |
0.11 | -7.73 |
| 16 | RNDR |
7.96 | -7.54 |
| 17 |  AR |
31.54 | -7.51 |
| 18 |  VANRY |
0.17 | -7.45 |
| 19 |  HARD |
0.19 | -7.39 |
| 20 |  FUN |
<0.01 | -7.29 |
| 21 |  PENDLE |
5.38 | -7.23 |
| 22 |  THETA |
2.28 | -7.00 |
| 23 |  TAO |
423.10 | -6.83 |
| 24 |  REQ |
0.13 | -6.82 |
| 25 |  SYS |
0.22 | -6.76 |
| 26 |  QI |
0.02 | -6.75 |
| 27 |  WAN |
0.27 | -6.67 |
| 28 |  DCR |
20.83 | -6.59 |
| 29 |  SYN |
0.96 | -6.57 |
| 30 |  MBOX |
0.34 | -6.52 |
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