Binance Futures will limit existing users’ leverage to 20x
Existing customers with registered futures accounts that have been active for less than 30 days will be subject to new leverage limits on Binance Futures in the near future. Consumer protection is a priority for Binance, the world’s largest cryptocurrency exchange, which is implementing additional leverage trading limitations on its futures platform in an effort […]
FTX cuts maximum leverage to 20x from 101x
In an effort to promote responsible trading methods, Sam Bankman-Fried, the CEO of FTX, a rapidly growing crypto derivatives exchange, has reduced the maximum leverage. Cryptocurrency derivatives trading platform FTX has made the decision to curtail hazardous trading by restricting the amount of leverage available to its members. Sam Bankman-Fried (SBF), the founder of the […]
FTX closes the largest funding round in crypto history
FTX started comparatively late with its entrance in 2019. However, reflecting the rapid growth of the exchange over time the crypto platform has grown to become a Binance rival. With a $900 million series B investment round, the FTX crypto exchange has closed the largest funding round in crypto history. Sequoia Capital, Third Point, Lightspeed Venture […]
FTX Crypto Exchange Partners with ClearLoop
FTX exchange has partnered with Copper.co ClearLoop settlement trading network and this will give over 300 institutions access to FTX’scryptocurency products. Over 300 institutions will have access to FTX’s crypto products as a result of the partnership. For over 40 exchanges and 250 digital assets, Copper’s platform provides custody, prime brokerage, and settlement services. With […]
Legendary Football Player And Model Take Equity Stakes In FTX Crypto Trading Exchange
As part of an endorsement deal with the crypto exchange, Tom Brady and Gisele Bündchen will take ownership holdings in FTX Trading and get cryptocurrency. Tom Brady , a seven-time Super Bowl champion, and Brazilian supermodel Gisele Bündchen are the latest celebrities to support the bitcoin industry’s expanding embrace. The three firms behind the global […]