Crypto.com and OG.com announced the launch of crypto perpetual contracts on Oct. 27 for eligible U.S. traders through the Crypto.com App and Exchange. The offering uses OG.com’s CFTC-regulated exchange, clearinghouse and futures commission merchant.
The contracts have no expiration date and offer long and short positions with up to 5x leverage. Traders can keep positions open only while meeting margin requirements, and adverse price moves can lead to liquidation. Retail customers can use the app; institutional and experienced traders can use the exchange.
