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Monday, April 8, 2024

Flash News: OKX Adds Tensor's TNSR Token to Perpetual Futures Market, Broadening Trading Opportunities

OKX, a leading cryptocurrency exchange, is thrilled to unveil the listing of Tensor's TNSR token on its perpetual futures market, marking a significant expansion of trading options for users. 


Effective from 4:05 PM (UTC) on April 8, 2024, users can now engage in USDT-margined trading of TNSR with leverage of up to 50x. This addition enables traders to capitalize on both upward and downward price movements of TNSR, providing enhanced flexibility and potential profitability.


Furthermore, OKX is set to activate TNSR margin trading and Simple Earn features at 4:00 AM (UTC) on April 9, 2024, further empowering users to optimize their trading strategies and maximize their returns.


The decision to list TNSR on OKX's perpetual futures market follows closely on the heels of its introduction to the exchange's spot market on April 8 at 3:15 PM (UTC). 


This strategic move underscores OKX's steadfast commitment to offering a diverse range of trading opportunities tailored to the evolving needs of its user base.


Tensor stands out as an innovative NFT marketplace designed specifically to cater to the demands of professional traders. Boasting advanced features such as real-time data, candlestick charts, and automated market making (AMM) pools for NFTs, Tensor empowers traders with the tools they need to navigate the dynamic cryptocurrency landscape effectively. Moreover, the platform offers enticing incentives to its users, further enhancing the overall trading experience.


By listing TNSR on its perpetual futures market, OKX aims to provide its users with access to a promising asset while simultaneously bolstering liquidity and market efficiency. 


This collaboration between OKX and Tensor underscores a shared commitment to fostering innovation and driving the continued growth of the cryptocurrency ecosystem.


As the cryptocurrency market continues to evolve, OKX remains at the forefront of innovation, continuously expanding its product offerings and delivering value-added services to its global user base. 


With the listing of TNSR, OKX reaffirms its position as a leading cryptocurrency exchange dedicated to meeting the diverse needs of traders worldwide.

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