The cryptocurrency landscape continues to evolve, bringing new opportunities for traders and investors seeking exposure to innovative digital assets. One such asset making waves is WCT, now gaining broader accessibility through its integration across multiple financial products on OKX. Starting in April 2025, OKX users can take advantage of advanced trading and earning options with WCT, including perpetual contracts, leveraged trading, and simple earn programs.
This expansion marks a significant step forward in enhancing liquidity, flexibility, and yield potential for the WCT ecosystem. Whether you're an active trader or a passive investor, these new features open up diverse strategies tailored to different risk appetites and investment goals.
Leveraged Trading and Simple Earn for WCT
Starting April 17, 2025, at 12:00 PM (UTC+8), OKX will officially launch leveraged trading and simple earn services for WCT. This development allows users to amplify their market exposure and generate passive income—all within a secure and regulated platform environment.
1. Leveraged Trading with USDT Pair
WCT will be available for USDT-margined leveraged trading, enabling users to go long or short using borrowed funds. This feature is ideal for traders who want to capitalize on both rising and falling markets without needing full capital outlay.
Leverage levels will vary based on account tier and risk parameters. For detailed information about margin tiers, borrowing limits, and liquidation rules, users are encouraged to review the updated margin position schedule after launch.
👉 Discover how leveraged trading can boost your strategy with precise risk control tools.
2. Simple Earn: Passive Income Made Easy
Alongside leveraged trading, OKX introduces WCT Simple Earn, a user-friendly product designed for those looking to earn interest on idle holdings. By simply staking WCT tokens, users can accumulate returns over time—perfect for long-term holders aiming to maximize asset efficiency.
Available allocation amounts and annual percentage yields (APY) will be published upon launch. Rates may fluctuate based on market demand and supply dynamics within the savings pool.
For full details on eligibility, lock-up periods, and withdrawal policies, refer to the official OKX Savings Rules documentation post-launch.
WCTUSDT Perpetual Contract Launch
On April 15, 2025, at 7:30 PM (UTC+8), OKX will go live with the WCTUSDT perpetual contract, offering traders a powerful instrument for continuous speculation and hedging.
Perpetual contracts have become a cornerstone of modern crypto derivatives trading due to their flexibility, high liquidity, and absence of expiry dates. The introduction of WCT into this category underscores growing confidence in its market stability and trading volume potential.
Key Contract Specifications
- Underlying Index: WCT/USDT
- Settlement Currency: USDT
- Contract Size: 10 units per contract
- Price Quotation: Based on the USDT price of 1 WCT
- Minimum Price Movement (Tick Size): 0.0001 USDT
- Leverage Range: From 0.01x up to 20x
- Funding Rate Interval: Every 4 hours
- Trading Hours: 24/7
These parameters ensure tight spreads, responsive pricing, and consistent market access—critical factors for day traders, scalpers, and algorithmic systems alike.
Understanding Funding Fees
One of the most important aspects of perpetual contracts is the funding fee mechanism, which aligns the contract price with the underlying spot market.
The formula used by OKX is:
Clamp(MA[[(Bid + Ask)/2 – Spot Index Price] / Spot Index Price – Interest], -1.5%, 1.5%)
Where:
- Interest = 0
- Funding fees are paid or received every 4 hours
- Fees are transferred directly between long and short positions
To prevent excessive volatility during the initial phase, OKX has implemented a temporary adjustment:
Until April 16, 2025, at 00:00 UTC+8, the maximum funding rate will be capped at 0.5%. After this period, it reverts to the standard cap of ±1.5%.
The first actual funding fee collection occurs at April 16, 2025, 4:00 AM UTC+8. This precaution helps stabilize pricing during early adoption when premiums may be unpredictable.
Note: OKX reserves the right to adjust funding rates dynamically if abnormal price deviations occur, ensuring fair and orderly markets.
👉 Learn how funding fees work and how they can impact your trading profits.
Trading Rules and Platform Consistency
The WCTUSDT perpetual contract follows the same standardized trading rules applied across other USDT-margined perpetuals on OKX. These include:
- Limit order execution protocols
- Liquidation and insurance mechanisms
- Risk limit tiers based on position size
- Mark price protection against unfair liquidations
Traders familiar with OKX’s existing perpetual suite will find a seamless experience with WCTUSDT. For comprehensive guidance on order types, margin calculations, and risk management practices, consult the OKX Perpetual Swap Trading User Agreement after launch.
Frequently Asked Questions (FAQ)
Q: When does WCT leveraged trading go live?
A: WCT leveraged trading and simple earn services will be available starting April 17, 2025, at 12:00 PM (UTC+8).
Q: What is the contract size for WCTUSDT perpetuals?
A: Each contract represents 10 units of WCT. This standardization improves clarity in position sizing and P&L calculation.
Q: Can I trade WCTUSDT perpetuals 24/7?
A: Yes. The contract supports round-the-clock trading with no scheduled downtime.
Q: How often are funding fees charged?
A: Funding fees are settled every 4 hours—at 00:00, 04:00, 08:00, 12:00, 16:00, and 20:00 (UTC+8).
Q: Is there a temporary cap on funding rates?
A: Yes. Until April 16, 2025, at 00:00 UTC+8, the funding rate is limited to ±0.5% to reduce volatility during launch.
Q: Where can I find margin tier details for WCT?
A: After launch, visit the "Margin Position Tiers" section under Trading Rules on the OKX platform for complete data.
Final Thoughts
The addition of WCT across multiple financial instruments on OKX reflects a broader trend toward deeper market integration and enhanced utility for emerging digital assets. With perpetual contracts providing dynamic trading opportunities and simple earn options enabling yield generation, WCT is positioned for increased adoption among both speculative and conservative investors.
As always, traders should conduct thorough research, use appropriate risk management tools like stop-loss orders, and stay updated with official announcements.
By combining innovation with reliability, OKX continues to lead in delivering next-generation financial tools that meet the evolving needs of the global crypto community.