The cryptocurrency landscape continues to evolve, and OKX is expanding its offerings to meet growing demand for advanced trading tools and diversified investment opportunities. Starting at 9:00 AM UTC on February 24, traders can access margin trading and savings services for MIR and TORN, alongside the debut of USDT-margined perpetual swaps for both assets. These updates apply across the web platform, mobile app, and API, ensuring seamless integration for all users.
This enhancement reflects OKX’s ongoing commitment to providing robust financial instruments that support both short-term trading strategies and long-term yield generation.
👉 Discover how margin trading can amplify your crypto strategy today.
Enhanced Margin Trading and Savings Features
With this update, OKX introduces spot margin trading for two promising digital assets: MIR/USDT and TORN/USDT. Margin trading allows users to borrow funds to increase their trading position size, potentially magnifying returns—though it also increases risk exposure.
Key Margin Trading Details:
- Available Pairs: MIR/USDT, TORN/USDT
- Tiered Margin Ratios: Risk levels and borrowing limits are determined by a tiered system based on account equity and position size. Users can review full details in the Margin Borrowing Position Tiers section after launch.
- Borrowing & Repayment: Users can borrow USDT to trade MIR or TORN, with flexible repayment options designed to accommodate various trading styles.
Additionally, Savings services will be available for MIR and TORN holders. This feature enables users to earn passive income by staking their idle assets. Interest rates and maximum subscription limits will be viewable within the platform post-launch under the Business Rules for Savings.
These tools empower users to optimize capital efficiency—whether they’re active traders or long-term investors seeking yield.
Launch of USDT-Margined Perpetual Swaps
OKX is also listing MIRUSDT and TORNUSDT perpetual swaps, enabling traders to take leveraged positions with high flexibility and 24/7 market access.
MIRUSDT Perpetual Swap Overview
- Underlying Index: MIR/USDT
- Settlement Asset: USDT
- Face Value: 1 MIR
- Price Quotation: Price per MIR in USDT
- Tick Size: 0.001 USDT
- Leverage Range: 0.01x to 75x
- Funding Rate Mechanism:
Clamp(MA(((best bid + best offer)/2 - spot index price)/spot index price - interest), -0.75%, 0.75%), where interest = 0 - Trading Hours: 24/7
TORNUSDT Perpetual Swap Overview
- Underlying Index: TORN/USDT
- Settlement Asset: USDT
- Face Value: 0.01 TORN (micro-contract structure)
- Price Quotation: Price per TORN in USDT
- Tick Size: 0.1 USDT
- Leverage Range: 0.01x to 75x
- Funding Rate Mechanism: Same as MIRUSDT
- Trading Hours: 24/7
Note on Funding Rate Adjustment: To ensure stability during initial trading, the predicted funding rate cap will be limited to 0.03% until 4:00 PM UTC on February 24. After that time, it will revert to the standard maximum of 0.75%. The first funding fee will be settled at 8:00 AM UTC on February 25.
Price limits for both contracts follow OKX’s standard perpetual swap rules, aligning with risk management protocols used across other USDT-margined pairs.
👉 Start trading perpetual swaps with zero fees during the promotional period.
Zero-Fee Trading Promotion
To encourage adoption and reduce entry barriers, OKX is offering a limited-time zero-fee trading promotion for MIR and TORN perpetual swaps:
- Duration: From 9:00 AM UTC on February 24 to 9:00 AM UTC on March 25
- Applicable Fees: Both maker and taker fees are waived
- Important Note: Trading volume generated during this zero-fee period will not count toward users’ tiered fee level calculations
This initiative allows traders to experiment with new markets without added cost, fostering greater liquidity and participation.
Core Keywords for SEO Optimization
To align with search intent and improve visibility, the following core keywords have been naturally integrated throughout this article:
- Margin trading
- Perpetual swaps
- Crypto savings
- Leverage trading
- USDT-margined contracts
- Passive income crypto
- MIR/TORN trading
- Zero-fee trading
These terms reflect common user queries related to advanced crypto trading features and yield opportunities.
Frequently Asked Questions (FAQ)
Q: What time will MIR and TORN margin trading go live?
A: Both margin trading and savings services will go live at 9:00 AM UTC on February 24.
Q: Can I earn interest on my MIR and TORN holdings?
A: Yes, OKX Savings allows users to deposit MIR and TORN to earn passive income. Specific rates and caps will be available on the platform after launch.
Q: Are there any special funding rate restrictions at launch?
A: Yes. To prevent excessive volatility in funding costs, the predicted funding rate is capped at 0.03% until 4:00 PM UTC on February 24, after which it returns to the normal cap of 0.75%.
Q: Do I need to complete KYC to use these features?
A: Yes, KYC verification is required to access margin trading, perpetual swaps, and savings products on OKX.
Q: Will my trading volume count toward fee tier upgrades during the zero-fee period?
A: No. Volume from zero-fee trades between February 24 and March 25 will not contribute to your trading tier progression.
Q: Where can I find more details about perpetual swap trading rules?
A: Refer to the official OKX USDT Margined Perpetual Swap Trading Guide for comprehensive information.
👉 Access powerful trading tools and start building your strategy now.
Final Thoughts
The addition of MIR and TORN to OKX’s suite of financial products marks a significant step forward for traders interested in decentralized finance (DeFi) and privacy-focused ecosystems. With support for margin trading, savings, and perpetual swaps, users now have multiple avenues to engage with these assets—whether through speculative leverage plays or conservative yield generation.
As always, traders should carefully assess risk tolerance, especially when using high leverage or participating in volatile new markets. Proper risk management, combined with strategic use of savings and fee-free trading windows, can help maximize returns in this dynamic environment.
Stay informed, stay strategic, and make the most of the latest opportunities on OKX.