Overview
- Crypto.com and OG.com began offering regulated perpetual contracts to eligible U.S. retail traders on Tuesday, providing access through the Crypto.com App and Exchange.
- The contracts carry no expiry, permit long or short positions and offer up to 5x leverage along with take‑profit, stop‑loss orders and isolated margin.
- The product runs on a cleared framework that uses Crypto.com Derivatives North America’s DCO authority plus a CFTC‑registered exchange and an NFA‑registered introducing broker.
- Market observers say the launch follows recent U.S. entries from Kraken and Kalshi and could boost trading volume, liquidity and interest in Bitcoin while increasing price swings.
- Retail traders face specific risks because funding payments settle every eight hours, liquidations can happen immediately, losses can exceed initial margin and profits from open positions are not instantly withdrawable.