The cryptocurrency landscape continues to evolve, bringing new opportunities for traders and investors seeking exposure to innovative digital assets. One such development is the recent launch of ACE-related financial products on a leading global exchange platform. For those interested in advanced trading options, staking alternatives, and leveraged positions, the introduction of ACEUSDT perpetual contracts, margin trading pairs, and Simple Earn services marks a significant milestone.
This article provides a comprehensive overview of these newly launched features, detailing how users can leverage them effectively while understanding the underlying mechanics, risk parameters, and potential rewards.
Introduction to ACE and Its New Trading Products
ACE has emerged as a notable asset within the broader crypto ecosystem, attracting interest due to its unique use cases and growing adoption. To meet increasing demand, OKX has officially rolled out multiple product lines centered around ACE, including:
- ACE/USDT perpetual contracts
- Margin trading for ACE/USDT
- Simple Earn staking options for ACE
These services are now fully accessible via the OKX web platform, mobile app, and API interface, offering seamless integration for both retail and institutional users.
👉 Discover how to start trading ACE with advanced tools and high leverage today.
Understanding ACE/USDT Perpetual Contracts
Perpetual contracts allow traders to speculate on price movements without owning the underlying asset. The ACEUSDT perpetual contract operates with USDT as the settlement currency, enabling stablecoin-based trading with no expiration date.
Key Contract Specifications
- Underlying Index: ACE/USDT
- Settlement Currency: USDT
- Contract Value: 1 ACE per contract
- Price Quotation: Based on the USDT price of 1 ACE
- Minimum Price Increment (Tick Size): 0.001 USDT
- Leverage Range: Adjustable from 1.01x up to 50x
- Trading Hours: 7 days a week, 24 hours a day
These specifications ensure that traders have flexibility in position sizing, precise control over entry and exit points, and access to extended trading windows—ideal for global participants across time zones.
Funding Rate Mechanism
Funding rates help align the perpetual contract price with the spot market index. For ACEUSDT, the funding rate is calculated using the following formula:
Clamp(MA[((Bid + Ask) / 2 – Spot Index Price) / Spot Index Price – Interest], -0.75%, 0.75%)
Where:
- Interest = 0%
- MA refers to the moving average over a specified period
To prevent excessive volatility during initial trading phases, temporary adjustments were implemented:
- Prior to December 19, 2023 (UTC+8), the maximum funding rate cap was set at 0.03%
- After that date, the predicted funding rate ceiling reverted to the standard 1.50%, with actual charges applied starting at 16:00 UTC+8 on December 19
This phased approach ensures market stability during early adoption while protecting traders from unpredictable cost fluctuations.
All other limit order rules, fee structures, and liquidation protocols follow OKX's standard perpetual contract framework. Users are encouraged to review the full Perpetual Contract Terms for detailed policy guidance.
Leveraged Trading: ACE/USDT Margin Pairs
In addition to derivatives, OKX now supports margin trading for the ACE/USDT pair. This allows eligible users to borrow funds to increase their trading positions, amplifying both potential gains and risks.
Key Features of ACE Margin Trading
- Available Pair: ACE/USDT
- Borrowing Currency: USDT (for long positions) or ACE (for short positions)
- Leverage Tiers: Dynamic based on account tier and collateral levels
- Risk Management: Real-time margin monitoring and auto-deleveraging protocols
Users should consult the updated Margin Borrowing Position Ladder Guidelines post-launch to understand borrowing limits, interest rates, and tier-based eligibility.
👉 Learn how to maximize your trading power with flexible margin options on OKX.
Earn Passive Income with ACE Simple Earn
For users focused on capital preservation and yield generation, OKX offers the Simple Earn program—a user-friendly staking solution that allows holders to earn rewards by locking their ACE tokens.
How Simple Earn Works
- Deposit ACE into a flexible or fixed-term product
- Earn competitive annual percentage yields (APY)
- Withdrawals from flexible products are allowed at any time (subject to terms)
- Fixed-term options typically offer higher returns in exchange for lock-up periods
The exact allocation limits and APY rates vary based on market conditions and demand. Users should refer to the official OKX Simple Earn Rules for real-time availability and quota information.
This service bridges the gap between active trading and long-term holding strategies, making it ideal for diversified portfolio management.
Frequently Asked Questions (FAQ)
Q: When did the ACEUSDT perpetual contract go live?
A: The ACEUSDT perpetual contract launched on December 18, 2023, at 14:30 (UTC+8) across all platforms—web, mobile app, and API.
Q: Can I trade ACE with leverage outside of perpetual contracts?
A: Yes. In addition to futures, ACE/USDT margin trading became available on December 19, 2023, at 14:00 (UTC+8), allowing leveraged spot positions.
Q: Is there a maximum amount I can stake through Simple Earn?
A: Staking quotas depend on product type (flexible vs. fixed) and current system limits. Check the Simple Earn dashboard for real-time capacity updates.
Q: What happens if my leveraged position gets liquidated?
A: If your margin ratio falls below the maintenance threshold, the system will automatically close your position to prevent further losses. You may incur partial or total loss of collateral.
Q: Are there any fees for depositing or withdrawing ACE?
A: Deposit fees are generally waived. Withdrawal fees apply and vary based on network congestion and blockchain transaction costs.
Q: How often is the funding rate charged on ACEUSDT contracts?
A: Funding fees are exchanged every 8 hours—at 00:00 UTC, 08:00 UTC, and 16:00 UTC. Ensure sufficient balance in your futures wallet to avoid forced position closures.
Why These Launches Matter for Crypto Traders
The integration of perpetual contracts, margin trading, and passive income tools into a single ecosystem empowers users with end-to-end financial solutions. Whether you're a day trader looking to capitalize on short-term volatility or a long-term believer in ACE’s fundamentals, OKX provides the infrastructure needed to act decisively.
Moreover, launching these products simultaneously enhances liquidity, tightens bid-ask spreads, and fosters a more resilient price discovery mechanism—benefiting all participants in the trading ecosystem.
Final Thoughts
With ACE gaining traction in decentralized finance and broader blockchain applications, having access to sophisticated trading instruments is more important than ever. The availability of ACEUSDT perpetuals, margin trading, and Simple Earn staking on a trusted platform like OKX opens new doors for strategic investment and risk management.
As always, users are advised to conduct thorough research, manage leverage responsibly, and stay informed about market developments.
👉 Start exploring ACE trading opportunities with powerful tools and deep liquidity now.
By combining innovation with robust security and user-centric design, OKX continues to lead in delivering next-generation crypto financial services tailored for modern investors.