FTX Slashes Leverage Limit from 100x to 20x — Community Suspects Competitors Will Follow Example

FTX Slashes Leverage Limit from 100x to 20x — Community Suspects Competitors Will Follow ExampleFTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction of volume.” FTX CEO Announces Cutting Leverage Limits, 2x […]

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Exchanges Roundup: Startup Targets Crypto Micro-Investments, Kraken Denies Halifax Closure

Exchanges Round-Up: Aus Start-Up Targets Crypto Micro-Investments, Kraken Denies Halifax ClosureIn recent news pertaining to cryptocurrency exchanges, Perth-based Bamboo has announced it will launch an app designed to easily facilitate micro-investments in cryptocurrencies, Kraken has rejected an internet rumor that claimed the company had closed a Canadian facility amid security concerns, and Roboforex has increased the leverage available on its cryptocurrency markets to 1:50. Also […]

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