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According to a Crypto.com blog post from 7 June, users will now be able to settle their BTCUSD contracts in USD-pegged stablecoins USDT and USDC and access leverage of up to 100x. Users that stake Crypto.com’s native CRO tokens on the exchange will be eligible for discounted trading fees based on the amount of staked funds. 

Like Perpetual Contracts, Futures Contracts offer users exposure to an underlying asset at a preset price. However, Futures Contracts come with a fixed expiration date—Crypto.com’s Quarterly Futures settle on the last Friday of every quarter. The contracts for this year’s second quarter are set to expire on Friday, 25 June. 

The margin for the Quarterly Futures contracts is shared across all open positions in the users’ Derivatives Wallets. To trade derivatives, Crypto.com traders need to complete the Advanced level of verifications. Users from the U.S., U.K, Canada, France, Germany, Hong Kong, Japan, Singapore, Switzerland, and Malta are restricted from trading derivatives on Crypto.com.

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