FTX reduces max leverage from 101x to 20x to encourage ‘responsible trading’
July 26, 2021
Crypto Nanobot
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Sam Bankman-Fried, the CEO of surging crypto derivatives exchange, FTX, has slashed its maximum leverage in a move to promote responsible trading practices. 2576 Total views 5 Total shares Crypto derivatives exchange FTX has decided to curb risky trading by limiting the leverage available to its users. The exchange, founded by crypto billionaire Sam Bankman-Fried […]
