Important points
- Gemini has launched an XRP perpetual contract for European Union users.
- This contract supports up to 100x leverage, allowing traders to expand their positions.
Cryptocurrency exchange Gemini today launched XRP perpetual contracts with up to 100x leverage for EU users. This new product allows traders within the European Union to take long or short positions in XRP with no expiration date.
The perpetual contract allows for directional exposure to XRP price movements through Gemini’s offshore exchange platform. Users have access to enhanced risk management tools as part of the product.
Gemini continues to expand perpetual contract trading options for international users and adds a variety of crypto assets to its suite of leveraged products for markets outside the United States.
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