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BTCC / BTCC Square / Global Cryptocurrency /
BitMEX Exchange Launches RLUSD Spot Trading & Margin Support with $15K Reward Pool

BitMEX Exchange Launches RLUSD Spot Trading & Margin Support with $15K Reward Pool

Author:
Global Cryptocurrency
Published:
2025-05-20 12:15:12
15
3
BitMEX exchange News -

BitMEX has unveiled "The Ripple Effect," a new initiative introducing spot trading and margin support for Ripple USD (RLUSD). Beginning May 20, users can deposit, purchase, and trade RLUSD on BitMEX Spot. The exchange is pioneering RLUSD as a margin currency through its Multi-Asset Margining feature, available starting May 22.

A 15,000 RLUSD reward pool will incentivize users who participate in RLUSD transactions or utilize it as margin for derivatives trading. This collaboration highlights BitMEX’s partnership with Ripple, a frontrunner in digital asset infrastructure.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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