Binance Says It’s Cutting Leverage Limit to 20x, a Day After FTX Announces the Same
"We didn't want to make this a thingy," Binance CEO Changpeng Zhao posted Monday on Twitter, a week after making the change.
U.S.-based traders are able to use virtual private networks designed to mask the country where they are based. Or they simply lie about where they are from.
Users in some European countries will be unable to open new derivative positions, effective immediately.
Put-call open interest ratio measures the number of open positions in put options relative to calls.
The short-term put-call skews have pulled back due to a flurry of call buying.
The gap over the spot market price widened to more than $8,000.