Trading Instruments
Perpetual swaps are a popular derivative product in the cryptocurrency market, allowing traders to speculate on price movements without an expiration date. The 84.02 LTC USD Perpetual Swap enables traders to leverage Litecoin (LTC) price fluctuations with deep liquidity and competitive trading fees.
Why Trade LTC Perpetual Swaps?
- Leverage Flexibility โ Adjust leverage according to risk tolerance (up to 125x on OKX).
- No Expiry Date โ Unlike traditional futures, perpetual swaps roll over indefinitely.
- Funding Rate Mechanism โ Ensures price alignment with the spot market.
๐ Start trading LTC perpetual swaps
Key Features
1. Deep Liquidity
OKX offers tight spreads and high order execution efficiency, minimizing slippage.
2. Advanced Tools
- Trading Bots โ Automate strategies with grid or DCA bots.
- Nitro Spreads โ Optimize futures spreads with institutional-grade liquidity.
3. Risk Management
- Stop-Loss/Take-Profit โ Set orders to protect positions.
- Insurance Fund โ Protects against auto-deleveraging (ADL).
How to Trade
- Account Setup โ Sign up and complete KYC verification.
- Deposit Funds โ Transfer LTC or USD-equivalent stablecoins.
- Navigate to Futures โ Select the LTC/USD perpetual swap.
- Place Orders โ Choose market, limit, or conditional orders.
๐ Explore LTC trading strategies
FAQs
Q: What is the funding rate for LTC perpetual swaps?
A: Funding occurs every 8 hours, calculated based on the premium/discount to the spot price.
Q: Can I trade LTC perpetual swaps on mobile?
A: Yes! OKXโs mobile app supports full derivatives trading functionality.
Q: Is margin required for perpetual swaps?
A: Yes. Initial margin depends on leverage (e.g., 1% margin for 100x).
Conclusion
The 84.02 LTC USD Perpetual Swap provides a robust platform for leveraged Litecoin trading. With OKXโs advanced tools and liquidity, traders can execute strategies efficiently while managing risks.
๐ Trade LTC perpetual swaps now
Note: Cryptocurrency trading involves risk. Past performance does not guarantee future results.