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Robinhood Launches 10x Leverage on Bitcoin and Ether

Robinhood has introduced 10x leverage trading for Bitcoin and Ether amid a broader market backdrop of $478 million in crypto liquidations.

Robinhood Launches 10x Leverage on Bitcoin and Ether
Image: BullishMarketCap

Trading platform Robinhood has launched 10x leverage for Bitcoin and Ether, according to Pluang. The new offering arrives as the broader cryptocurrency market absorbs $478 million in crypto liquidations.

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The feature allows eligible users to apply up to 10x leverage on their positions in the two leading digital assets by market capitalization. The introduction coincides with heightened volatility across derivatives markets.

Key facts

  • Robinhood launched 10x leverage on Bitcoin and Ether, according to Pluang.
  • The rollout coincides with $478 million in crypto liquidations across the market.
$BTCEthereum#Robinhood#Bitcoin#Ether

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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