Gemini Introduces XRP Perpetual Contracts in EU

Crypto exchange Gemini has launched XRP perpetual contracts for users in the European Union, expanding its suite of advanced trading tools for this growing crypto market. With up to 100x leverage, traders can speculate on the price of XRP without owning the asset itself, using contracts that don’t expire. This move marks a significant expansion for Gemini, bolstering their competition with established players like Binance and Bybit in the derivatives space. While high-leverage trading offers potential gains, it also increases risk and requires careful consideration from all traders, especially beginners.