OKX has launched the options trading feature with orders based on implied volatility (IV) or US dollars (USD)

ChainCatcher news, OKX announced that in order to provide stronger trading features for options users, OKX plans to launch options trading functionality with orders denominated in Implied Volatility (IV) or US Dollars (USD) on September 8, 2023, at 2:00 PM (UTC+8). Currently, this feature is only available on the OKX web platform, and it will also be launched on the APP later.

It is reported that after selecting "Track Order" on the options limit order page, users can choose to submit limit orders priced in either volatility or US dollars. Users can still choose to place limit orders denominated in cryptocurrency (BTC/ETH) as usual.