Cryptocurrency exchange OKX announced the addition of two new USDT-based perpetual futures contracts to its platform on July 25. The new contracts are USELESSUSDT and NEWTUSDT.
OKX to List USELESSUSDT and NEWTUSDT Perpetual Contracts
Listing Timing
- USELESSUSDT contract: July 25 at 18:00
- NEWTUSDT contract: July 25 at 18:15 The contracts in question will be active on OKX’s web platform, mobile application and API access.
What is Useless?
USELESS stands out as a meme coin built on the Solana network. The project cynically criticizes the concept of “usefulness” often promoted in the crypto industry, turning “uselessness” into a brand value.
What is Newton Protocol?
NEWT (Newton Protocol) aims to create a secure infrastructure for AI-powered strategies, automated trading systems, and developer marketplaces. The platform aims to build a next-generation AI-powered crypto trading ecosystem for both individual and institutional users.
OKX’s move is part of its strategy to offer its users more alternative and speculative trading opportunities. Highly volatile meme coin projects and next-generation DeFi/AI initiatives, in particular, can present attractive opportunities for short-term investors.
Investors are cautioned to conduct thorough research on the nature of the projects, volatility level and transaction risks before trading these new perpetual contracts.
*This is not investment advice.
Read the full article here
