Crypto exchange OKX rolls out spot margin trading in Europe, offering 10x leverage on BTC and ETH
Crypto exchange OKX has rolled out spot margin trading in Europe, offering users to ability to apply up to 10x leverage to their trades, according to an announcement on Tuesday.Spot margin trading allows users to buy or sell crypto assets on the spot market with leverage by borrowing funds from an exchange. This is opposed to traditional spot trading, where buyers use their own funds.OKX's new feature will also come with "cross-margin mode," which allows a trader’s full portfolio to be put up as collateral, an increasingly common option offered by crypto exchanges.The move comes about a year after the European Union's Markets in Crypto-Assets Regulation (MiCA) went into effect, creating a regulatory framework for digital asset businesses to roll out regulated products.Several MiCA-compliant or regulated platforms have introduced leverage spot margin trading in the EU, including Bitpanda, Bybit EU, and Kraken, often offering a max 10x leverage on positions. Kraken, notably, has also moved to expand access to perps and traditional commodities trading."Europe is a tier-1 region for OKX, and today’s launch reflects our commitment to offering secure, transparent, and responsibly designed trading tools to European customers," OKX Europe CEO Erald Ghoos said in a statement. "By bringing Spot Margin to OKX Europe, we are giving customers access to the same high-quality infrastructure trusted globally, while meeting the expectations of both regulators and our community."According to the announcement, OKX’s rollout will begin with BTC and ETH margin trading pairs against USDC with up to 10x leverage.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.