Key Takeaways
- Gemini has launched XRP perpetual contracts for European Union users.
- The contracts support up to 100x leverage, allowing traders to amplify positions.
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Gemini, a cryptocurrency exchange, today launched XRP perpetual contracts for EU users with leverage up to 100x. The new product allows traders in the European Union to take long or short positions on XRP without expiry dates.
The perpetual contracts enable directional exposure to XRP price movements through Gemini’s offshore exchange platform. Users can access enhanced risk management tools as part of the offering.
Gemini continues expanding its perpetual contract trading options for international users, adding various crypto assets to its leveraged products suite for markets outside the US.
