OKX launches Event Contracts for BTC, ETH in Asia, LATAM, CIS
OKX on April 20 launched Event Contracts for eligible users in Asia, Latin America and the CIS to predict BTC and ETH price moves with 0.01 USDT minimum trades.
OKX launched Event Contracts on April 20, 2026, offering eligible users in Asia, Latin America and the Commonwealth of Independent States short-term prediction contracts for bitcoin and ethereum. Contracts are priced between 0.01 and 0.99 USDT.
The contracts use a yes-or-no format that lets traders choose whether BTC or ETH will be above or below a specified price at a set expiry. Each contract price reflects the market’s perceived probability of the outcome; lower-priced contracts represent a lower probability and a higher potential payout. Timeframes run from 15-minute windows to daily cycles, and contracts settle automatically against the OKX price index at expiry.
Event Contracts do not use leverage or margin and do not carry liquidation risk. Users can only lose the amount paid to buy a contract. Fees and potential payouts are displayed before a trade is confirmed, and traders can close positions before expiry.
The product integrates with existing OKX balances and requires no separate wallets or on-chain setup. The minimum trade size is 0.01 USDT, a level OKX said is intended to lower the cost barrier for small or experimental positions.
An OKX spokesperson explained, “If you have a view on an asset’s price movements, it can take a few steps to set up a traditional Expiry Futures or Options trade. You need to size a position, adjust your leverage, and monitor it. Sometimes the existing setup just isn’t worth it. That’s why we launched Event Contracts, which allows eligible customers to take a directional view on BTC and ETH in a given timeframe. Customers should have simpler, easier ways to trade market movements.”
The initial rollout covers eligible customers in Asia, Latin America and the CIS. OKX plans to add more asset pairs and expand availability to additional regions over time. The exchange indicated the product targets retail investors and professionals who want to trade around short-term volatility or specific news catalysts without the technical requirements of derivatives trading.
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