Robinhood Announces Crypto Perpetual Futures for U.S. Users with Up to 10x Leverage
Robinhood has unveiled plans to offer crypto perpetual futures to eligible U.S. customers, featuring up to 10x leverage on Bitcoin (BTC) and Ethereum (ETH). The platform will support eight assets, including SOL, XRP, DOGE, ADA, LINK, and HYPE, with lower leverage caps for non-BTC/ETH assets. Trading will be facilitated through Robinhood Derivatives and Bitstamp, with a promotional fee of 0.01% per transaction until the end of the year. While the launch is expected in the coming months, no specific date or eligibility criteria have been finalized.
Summaries are written by AI from the original article. Not investment advice.