fsckorea Issues Caution on Perpetual Futures Trading

fsckorea warns about high risks in perpetual futures trading. Investors should be cautious of excessive leverage and lack of protections. The commission highlights excessive leverage of up to 200x in these products. The Financial Services Commission (fsckorea) has issued a crucial warning regarding perpetual futures trading on global virtual asset platforms. This alert emphasizes the significant differences between these products and traditional derivatives, highlighting their elevated investment risks due to excessive leverage of up to 200 times. As investor protection laws in South Korea do not apply to these products, traders should exercise extreme caution.

Source: Coinfomania