Major CEX Launches MiFID-Regulated Crypto Derivatives in Europe with Up to 10× Leverage

Gate News message, April 15 — A major centralized exchange has announced the launch of X-Perps, a new suite of MiFID-regulated crypto derivatives with five-year expiries and leverage of up to 10×, targeting both retail and institutional traders across the European Economic Area (EEA).

The platform features a unified account structure that consolidates spot and derivatives positions under a single risk model, reducing margin requirements for hedged positions. Key functionalities include real-time margin monitoring, multi-asset and multicurrency trading modes, negative balance protection mechanisms, and continuous exposure monitoring. Initial supported assets include BTC, ETH, ADA, DOGE, PEPE, LTC, PUMP, SOL, XRP, and SUI, with further expansion planned. Users benefit from advanced trading tools, full API connectivity, and the ability to post collateral in multiple asset classes including EUR, USD, and major cryptocurrencies without conversion requirements.

The exchange is expanding educational initiatives across Europe, offering multilingual learning materials and derivatives-focused risk guidance. European users must complete an appropriateness assessment before accessing X-Perps, designed to evaluate knowledge and trading experience. The launch is positioned as part of the exchange's wider European strategy focused on regulated expansion, product diversification, and enhanced user protection within a structured compliance framework.