OKX cryptocurrency exchange has expanded its portfolio of investment products and added the ETH/BTC pair to its Dual Investment product. Also listed were MOODENG, NEIRO, PYUSD and EIGEN altcoins. Thus, investors had the opportunity to invest in more cryptocurrencies.
Options Increase with ETH/BTC
OKX has included the ETH/BTC pair in its Dual Investment product, offering investors the opportunity to make crypto-to-crypto transactions. This step enables direct trading without the need to convert assets into stablecoins. By eliminating additional conversion fees, it provides the opportunity to benefit from higher annual return rates throughout the investment period. The addition of the ETH/BTC pair reinforces OKX’s commitment to providing more flexible trading solutions to its users.
Although the stock exchanges have accelerated listings in the last few months, the impressive rise period expected for altcoins could not be started.
MOODENG and NEIRO
The exchange also listed two new meme coins named MOODENG and NEIRO. MOODENG is inspired by Thailand’s famous pygmy hippo, while NEIRO is inspired by the iconic Dogecoin 
$0.102102 It stands out as a crypto currency of Shiba Inu origin, whose character comes after Kabosu.
These listings diversify the options on OKX and reflect the growing interest in meme coins. Investors will be able to diversify their portfolios in line with market trends with these new cryptocurrencies. The number of cryptocurrencies is increasing exponentially with each cycle and trends are changing very quickly. These two new altcoins can bring serious profits during rising periods when meme coins are hyped.
PYUSD and EIGEN
PYUSD is a stablecoin issued by PayPal that made a big splash at its launch. With the listing of this stablecoin, OKX has further expanded its financial instruments. PYUSD/USDT parity will make it easier for those who want to use the stablecoin of a large company such as PayPal. If you remember the days when disasters such as UST occurred, issues such as “making a stablecoin basket” were discussed when people were waiting in stablecoins and their balance was reset to zero. We have also witnessed depeg cases for USDC and USDT, although they were not very large.
Finally, EIGEN’s integration with the futures market allows traders to open long or short positions with 50x leverage. Following EIGEN’s recent listing on mainstream exchanges, its price is expected to rise to around $5. This positive expectation stems from investor interest and sustainability of market activities.
OKX continues to offer its investors wide and diverse options by responding quickly to developments in the cryptocurrency market. New products and listed cryptocurrencies increase the competitiveness of the platform while allowing users to diversify their strategies.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
