icon
icon
icon
icon
🏷️$300 Off
🏷️$300 Off

News /

Articles /

OKX Lists GPS/USDT Perpetual Contract Amidst Market Volatility

Coin WorldTuesday, Mar 4, 2025 6:46 am ET
1min read

OKX, a leading cryptocurrency exchange, has announced the listing of the GPS/USDT perpetual contract. The contract, which is set to launch on March 4, 2025, at 8:00 PM (UTC+8), will be available on the web, app, and API.

The GPS/USDT perpetual contract is based on GoPlus, a project that aims to build an open, permissionless, user-driven, modular Web3 user security layer designed to integrate with any blockchain network. This listing is expected to provide traders with more options and liquidity in the cryptocurrency market.

The launch of the GPS/USDT perpetual contract comes amidst a volatile period in the cryptocurrency market. The US stock market has lost $1.5 trillion, and the cryptocurrency market has lost $300 billion. However, despite the market downturn, some analysts remain optimistic about the long-term prospects of the cryptocurrency market.

Arthur Hayes, the co-founder of BitMEX, has recently stated that Bitcoin could drop to $70,000, but he still believes that the bull market cycle is still on. The Trump effect on cryptocurrency prices has also been a topic of discussion, with some investors wondering when the best time to buy the dip is.

The listing of the GPS/USDT perpetual contract by OKX is a significant development in the cryptocurrency market. As the market continues to evolve, exchanges like OKX are expanding their offerings to meet the demands of traders. The GPS/USDT perpetual contract is expected to provide traders with more opportunities to hedge their positions and speculate on the price movements of GoPlus.

Comments

Add a public comment...
Post
User avatar and name identifying the post author
RhinoInsight
03/04
Trading volume might be low now, but once bulls charge, $GPS could get juicy. HODL on, fam.
0
Reply
User avatar and name identifying the post author
stanxv
03/04
More contracts, more fun! 🚀 OKX keeps the game interesting. Can't wait to see how $GPS moves against USDT.
0
Reply
User avatar and name identifying the post author
Repa24
03/04
Who's holding $GPS? I'm bullish long-term but watching the market vibes. Diversification is key, folks.
0
Reply
User avatar and name identifying the post author
Corpulos
03/04
GPS/USDT on OKX? 🚀 New tools for traders, new vibes. Let's see if it sticks or if it's just another flash in the pan.
0
Reply
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App