The cryptocurrency derivatives market continues to expand, offering traders more opportunities to diversify their strategies and gain exposure to major digital assets. In line with this trend, OKX has officially launched two new USDT-margined perpetual contracts: LTCUSDT and BCHUSDT. These additions enhance the platform’s growing suite of trading products, empowering users with greater flexibility, deeper liquidity, and advanced risk management tools.
This update marks a significant step forward in OKX’s mission to deliver innovative financial instruments that meet evolving market demands. Traders can now access Litecoin (LTC) and Bitcoin Cash (BCH) price movements with up to 50x leverage, all settled in stablecoin (USDT), reducing volatility from fluctuating quote currencies.
What Are USDT-Margined Perpetual Contracts?
Before diving into the specifics of the new listings, it's important to understand what USDT-margined perpetual contracts are. Unlike inverse perpetual contracts that use the base cryptocurrency (like BTC or ETH) as collateral, USDT-margined contracts allow traders to use Tether (USDT) as both margin and settlement currency.
This structure offers several advantages:
- Stable collateral: Since USDT is pegged to the U.S. dollar, traders avoid additional exposure to crypto price swings on their margin.
- Simplified P&L calculation: Profits and losses are denominated in a stablecoin, making performance tracking easier.
- High leverage options: Traders can amplify returns (and risks) with flexible leverage settings.
These features make USDT-margined perpetuals especially popular among short-term traders, arbitrageurs, and hedgers.
👉 Discover how USDT-margined contracts can boost your trading strategy today.
LTCUSDT Perpetual Contract Overview
The LTCUSDT perpetual contract enables traders to speculate on the price of Litecoin against USDT, one of the earliest altcoins and a long-standing player in the blockchain ecosystem.
Key Specifications:
- Underlying Asset: LTC/USDT Index
- Settlement Currency: USDT
- Contract Size: 1 LTC per contract
- Price Quotation: Price per 1 LTC in USDT
- Tick Size: 0.01 USDT
- Leverage Range: 0.01x to 50x
- Trading Hours: 7×24
- Funding Rate Settlement: Daily at 16:00 HKT
With a full contract size of 1 LTC and a minimal tick size of $0.01, the contract is designed for both precision and accessibility. The 50x leverage provides room for aggressive strategies while still allowing conservative positions through adjustable margin settings.
Litecoin remains a key asset for traders due to its fast transaction times, strong community support, and historical correlation with broader market trends—making this contract a valuable tool for technical and macro-driven traders alike.
BCHUSDT Perpetual Contract Details
The BCHUSDT perpetual contract brings Bitcoin Cash into OKX’s USDT-margined product suite, enabling seamless speculation on its price movements using stablecoin-backed margin.
Key Features:
- Underlying Asset: BCH/USDT Index
- Settlement Currency: USDT
- Contract Size: 0.1 BCH per contract
- Price Quotation: Price per 1 BCH in USDT
- Tick Size: 0.01 USDT
- Leverage Range: 0.01x to 50x
- Trading Hours: 7×24
- Funding Rate Settlement: Daily at 16:00 HKT
Notably, the contract size is set at 0.1 BCH, making it more capital-efficient than a full-BCH contract. This allows smaller traders to participate without requiring large initial investments, promoting inclusivity and broader market access.
Bitcoin Cash, born from a Bitcoin hard fork, continues to serve as a viable peer-to-peer electronic cash system with lower fees and faster confirmations—factors that attract real-world usage and speculative interest.
👉 Start trading high-performance perpetuals with deep liquidity and tight spreads.
Why Trade These Contracts on OKX?
OKX stands out as one of the leading platforms for crypto derivatives trading due to its robust infrastructure, advanced trading tools, and commitment to user experience.
Advantages Include:
- Multi-platform access: Trade via web (PC), mobile app (iOS/Android), or programmatically through API.
- Deep order books: High liquidity ensures minimal slippage even during volatile market conditions.
- Advanced order types: Access limit, market, stop-limit, trailing stop, and other sophisticated order types.
- Risk management tools: Built-in position margin adjustment, liquidation price calculator, and real-time P&L tracking.
- Transparent funding rates: Daily settlement at 16:00 HKT ensures fairness and predictability.
Currently, OKX supports USDT-margined perpetual contracts for BTC, ETH, EOS, LTC, and BCH—with plans to expand to XRP, ETC, TRX, BSV, and more in the near future.
This continuous expansion reflects OKX’s dedication to offering comprehensive market coverage across top-tier and emerging digital assets.
Frequently Asked Questions (FAQ)
Q: What is the difference between a USDT-margined and an inverse perpetual contract?
A: A USDT-margined contract uses USDT as collateral and settlement currency, simplifying profit/loss calculations. In contrast, inverse contracts use the base cryptocurrency (e.g., BTC) as margin, exposing traders to additional volatility from the collateral asset itself.
Q: Can I trade these contracts on mobile?
A: Yes. The LTCUSDT and BCHUSDT perpetual contracts are fully supported on both the OKX mobile app and desktop platform, ensuring seamless trading anytime, anywhere.
Q: How is the funding rate calculated?
A: Funding rates are determined by market supply and demand dynamics between long and short positions. On OKX, funding is exchanged every 8 hours, with a daily settlement event at 16:00 HKT.
Q: Is there a maximum position size?
A: While there’s no fixed cap, position limits depend on available liquidity and your account tier. Larger traders may need to manage entry/exit sizes accordingly.
Q: What happens during liquidation?
A: If your margin falls below the maintenance level due to adverse price movement, your position will be automatically liquidated to prevent further losses. OKX provides real-time liquidation price indicators to help manage risk.
Q: Are there fees for opening or closing positions?
A: Yes. Trading fees apply based on your taker/maker status and 30-day trading volume. Maker orders typically receive lower or zero fees depending on promotions.
Looking Ahead: The Future of Derivatives on OKX
The launch of LTCUSDT and BCHUSDT contracts underscores OKX’s ongoing efforts to expand its derivatives ecosystem. As market demand grows for efficient, stablecoin-settled instruments, platforms like OKX are well-positioned to lead innovation.
Upcoming listings—including XRP, ETC, TRX, and BSV—will further diversify trading options and support more comprehensive portfolio strategies. Whether you're a scalper, swing trader, or institutional participant, these tools offer the speed, precision, and reliability needed in modern crypto markets.
👉 Join millions of traders leveraging next-gen derivatives on a trusted global platform.
Final Thoughts
The introduction of LTCUSDT and BCHUSDT USDT-margined perpetual contracts on OKX represents a strategic enhancement for both novice and experienced traders. With competitive specs—including up to 50x leverage, tight tick sizes, round-the-clock trading, and stablecoin settlement—these instruments provide powerful tools for capitalizing on price movements in two of the longest-standing cryptocurrencies.
As the digital asset landscape evolves, staying ahead requires access to reliable platforms with deep markets and cutting-edge features. OKX continues to deliver exactly that—empowering users with choice, control, and confidence in every trade.
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