In cryptocurrency trading, the leverage borrowing rate and limit have a direct impact on the trading cost and capital flexibility. According to real-time data from Coinglass on November 14, OKX has obvious advantages in leverage borrowing rate and limit. Currently, OKX is highly competitive in the leverage borrowing conditions for mainstream assets such as BTC, USDT, and ETH.
The advantages are specifically reflected as follows:
I. BTC Leverage Borrowing: Ultra-low Interest Rate, Ultra-high Limit
- Lowest Interest Rate, Reducing Holding Cost: The BTC leverage borrowing rate provided by OKX is 0.00115% per hour, which is the lowest among mainstream platforms, currently about 1.0074% annualized. In comparison, Binance's rate is higher. This means that for users who need to hold positions for a long time, OKX's low interest rate can help them significantly reduce interest expenses, and thus adjust their strategies more flexibly in market fluctuations.
- Higher Borrowing Limit, Meeting Large Demand: OKX's BTC borrowing limit for VIP 0 users is as high as 175 BTC (about $1.6 million), far exceeding Binance and Bybit. This is very beneficial for users who need large amounts of funds for arbitrage, hedging, or other high-capital-demanding scenarios, especially when market volatility intensifies, the higher borrowing limit can help users better manage their assets and risks.
II. USDT Leverage Borrowing: A Good Choice for Large-amount Stablecoin Borrowing
- Ultra-high Limit, Supporting Diversified Trading Strategies: OKX provides a USDT leverage borrowing limit of up to 5M USDT, much higher than other platforms. This design is very suitable for users who need a large amount of stablecoins, suitable for scenarios such as arbitrage, market making, and liquidity mining. For liquidity providers, this limit means they have a larger capital investment space and opportunities to earn higher returns.
III. ETH Leverage Borrowing: Low-cost Holding, Suitable for Long-term and Short-term Strategies
- Lowest Market Interest Rate, Can Improve Investment Returns: OKX's ETH leverage borrowing rate is only 0.0074% annualized, significantly lower than Binance and Bybit. For users who want to maintain long-term or short-term positions in the ETH market, OKX's low interest rate can help users effectively reduce their holding costs, especially suitable for users participating in decentralized finance (DeFi) activities, as it can help them continue to participate in liquidity provision without increasing costs.
- 7K ETH Borrowing Limit, Supporting High-net-worth Users: For VIP 0 users, OKX provides a 7K ETH borrowing limit, which is not only suitable for ordinary users, but also provides flexibility for high-net-worth users, meeting their demand for higher-amount investments in the market.
