Crypto.com, in partnership with OG.com, is launching crypto perpetual contracts with leverage up to 5x for users in the United States.

Crypto.com and OG.com have launched cryptocurrency perpetual contracts for compliant traders in the United States, supporting leverage up to 5x and offering stop-loss and take-profit orders as well as isolated margin functionality. The product is operated through OG.com's exchanges, clearinghouses, and futures commission brokers regulated by the U.S. Commodity Futures Trading Commission (CFTC). Crypto.com is registered as an introducing broker with the National Futures Association (NFA). Kraken launched its perpetual contract product in the U.S. in June. (Source: The Block)