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Crypto

Binance Dubs Leverage on XRP and RLUSD to 10x

Guavy AI Editorial Team
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BNB XRP ADA LUSD
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Binance is doubling the maximum leverage for XRP and Ripple USD (RLUSD) from 5x to 10x, effective August 21. This change brings XRP and RLUSD on par with major cryptocurrencies like BNB and ADA in terms of leverage and liquidity.

Traders must adjust their collateral and margin ratios before the update to avoid forced liquidations. Higher leverage offers greater profit potential but also increases the risk of rapid losses, requiring careful risk management.

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