On September 5, a crypto exchange OKEx announced that it had decided to adjust the margin borrow limits and interest rates from 12:00 Sep 6, 2018 (HKT). Details are as follows:
- All interest rates will be lowered to 0.02%
- Margin borrow limit will be increased up to 800%
- Margin trading of QTUM and IOST will be suspended.
According to the announcement, the aim of this move is to meet the public demand and lower the transaction costs.
In addition, OKEx opens the margin trading pairs EOS/USDT and EOS/BTC from 12:00 Sep 6, 2018 (HKT).