Crypto.com and OG.com launch US perpetual futures with up to 5x leverage


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Promote with Leviathan NewsCrypto.com and derivatives partner OG.com began rolling out perpetual futures to "eligible" U.S. traders on Tuesday, offering up to 5x leverage, no expiration date, take-profit and stop-loss orders, and isolated margin. Eligibility requirements were not specified. Crypto.com recently registered as an introducing broker with the National Futures Association, with products running through OG.com's CFTC-regulated exchange, clearinghouse, and futures commission merchant. The launch follows the CFTC's May decision opening U.S. markets to crypto perps, after which Kraken launched U.S. perps in June. Crypto.com is also pursuing single-stock perpetual futures via Nadex's SEC registration.
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