OKX Launches Derivatives Trading in Europe Via X-Perps

Crypto exchange OKX has launched a new derivatives trading interface called X-Perps (USD Expiry Perpetuals).

The crypto exchange announced today that X-Perps is now available solely to European investors. This milestone comes over a year after OKX secured the Markets in Crypto-Assets (MiCA) license to operate in the European Economic Area (EEA).

As part of the new product debut, OKX revealed that the first 10,000 users to trade on X-Perps will receive a €30 ($35.33) sign-up reward.

X-Perps are now live in the EEA.
Regulated access to derivatives with up to 10x leverage, multi-asset margin, and execution built for speed.

First 10,000 users get a sign-up reward of €30.

— OKX (@okx) April 15, 2026

OKX Brings X-Perps to Europe

The crypto trading platform explained that X-Perps provides “a more flexible and efficient derivatives trading experience” than its traditional derivatives trading interface.

To access X-Perps, EEA-based users must create an OKX account with completed KYC. After funding the account, they can navigate to the “Trade” section and select “Unlock X-Perps.” The next step is to undergo an “appropriateness assessment” to help investors understand the risks involved in derivatives trading.

X-Perps currently features 10 prominent cryptocurrencies, such as BTC, ETH, SOL, DOGE, PUMP, and PEPE. It intends to include more crypto assets over time. Each digital asset can be traded with up to 10x leverage.

The new derivatives trading interface is available to retail and institutional users on desktop and mobile devices.

Highlighting that X-Perps is intended to serve solely European traders, Erald Ghoos, OKX Europe’s CEO, said:

“With X-Perps, we’re extending our proven, high-performance derivatives offering into a regulated European framework, giving both institutions and retail traders access at scale.”

Europe: A Crypto Hub

Over the years, Europe has shown itself to be a crypto-friendly continent. After dispensing the MiCA regulations in 2023, the continent began welcoming crypto exchanges and blockchain-focused companies to offer crypto-based services to users.

Today, crypto exchanges, such as OKX, Bybit, Bitget, and Coinbase, have expanded their tentacles into the bloc. Last year, nine European banks announced plans to launch a joint euro-focused stablecoin compliant with MiCA.

In another report, 21Shares, an ETF issuer, launched a Jupiter exchange-traded product (ETP), a move not yet seen in the United States.

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