SBI VC Trade Launches Limited-Time Leveraged Bitcoin Trading Campaign in Japan

Ripple partner SBI Holdings has taken another step to make trading more attractive in Japan. The company's subsidiary, SBI VC Trade, has launched a limited-time campaign on leveraged Bitcoin trading with reduced spreads. From August 17 to August 31, customers can trade Bitcoin/JPY at a standard spread of just 3,333 yen, down from the previous 5,000 yen.

This move comes after SBI VC Trade cut spreads for leveraged BTC/JPY and XRP/JPY trading earlier. The new campaign will only apply to leveraged Bitcoin/JPY trading, excluding BITPOINT services. During this period, customers can leverage positions using crypto assets as collateral on the platform.

The spread may vary depending on market conditions, and funding rates impact returns from a trade. SBI VC Trade notes that the spread exhibited will change according to campaign conditions. The company has stated that the campaign is subject to change and can be terminated without notice.