**Gemini Launches XRP Perpetual Contracts With Up to 100x Leverage for EU Users**
Gemini, a leading cryptocurrency exchange, has announced the launch of XRP perpetual contracts exclusively for users in the European Union. This new trading product offers leverage of up to 100x, allowing traders to significantly amplify their positions on XRP.
With the introduction of these contracts, EU traders can now take long or short positions on XRP without any expiry dates. The perpetual contracts provide a flexible way to gain directional exposure to XRP price movements, all through Gemini’s offshore exchange platform.
In addition to high leverage, users will benefit from enhanced risk management tools that come as part of the offering. These features are designed to help traders manage their positions more effectively and mitigate potential losses.
The move is part of Gemini’s ongoing effort to expand its suite of perpetual contract trading options for international users. The exchange continues to add more crypto assets to its leveraged products lineup, focusing on markets outside of the United States.
This latest development underscores Gemini’s commitment to providing innovative trading solutions and greater opportunities for its global user base.
https://bitcoinethereumnews.com/tech/gemini-launches-xrp-perpetual-contracts-for-eu-users-with-up-to-100x-leverage/
