Binance, the world’s largest cryptocurrency exchange, announced a twofold increase in maximum leverage for XRP and the regulated stablecoin Ripple USD (RLUSD), raising it from 5x to 10x. The new limits will take effect on Friday, August 21, at 6:00 AM UTC, with the technical update expected to take approximately 30 minutes. This decision places XRP and RLUSD on equal footing with major market assets including BNB, SOL, ADA, and DOGE. Traders will need to recalculate collateral weights and check open positions before the deadline to avoid automatic order cancellations or forced liquidations. The 10x leverage significantly increases risk as even a small price movement against a position can trigger immediate liquidation.
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