FTX reduces max leverage from 101x to 20x to encourage ‘responsible trading’

By Cointelegraph - 2 years ago - Reading Time: 1 minutes

FTX reduces max leverage from 101x to 20x to encourage ‘responsible trading’

Sam Bankman-Fried, the CEO of surging crypto derivatives exchange FTX, has slashed its maximum leverage in a move to promote responsible trading practices.

Original source: Cointelegraph