Crypto.com Launches Crypto Perpetual Futures with Up to 5x Leverage for US Users

Odaily reports that Crypto.com, together with derivatives partner OG.com, has begun rolling out crypto perpetual futures to eligible US traders, offering up to 5x leverage along with take-profit and stop-loss orders and isolated margin functionality. The products are operated by OG.com's CFTC-regulated exchange, clearinghouse, and futures commission merchant, while Crypto.com has registered as an introducing broker with the National Futures Association (NFA). After the CFTC opened crypto perpetual futures to the US market in May of this year, Kraken launched its perpetual futures products in the US in June.