Crypto
Robinhood Launches US Perpetual Futures With Up To 10x Leverage
Robinhood is set to launch perpetual futures for eligible US customers in the coming months. The company's CEO, Vlad Tenev, announced that they will be bringing America 'its first true perps', which will allow users to trade with up to 10x leverage on Bitcoin and Ethereum.
The eight crypto assets available for trading through Robinhood Derivatives, provided by Bitstamp, are BTC, ETH, SOL, XRP, DOGE, ADA, LINK, and HYPE. The six assets capped at 3x leverage are SOL, XRP, DOGE, ADA, LINK, and HYPE.
The trading platform will also introduce an in-app AI tool called Robinhood Agents that will help customers create strategies, research markets, and trade within preset limits.