BitMEX Shakes Up Crypto Margining: XRP and RLUSD Now Join the Collateral Club

BitMEX just dropped a bombshell for degens and hedgers alike—multi-asset margining just got a whole lot more interesting.

XRP and RLUSD enter the fray as supported collateral, letting traders juggle risk without the usual stablecoin handcuffs. Finally, a use case for XRP that doesn’t involve courtroom drama.

Because nothing says ’financial innovation’ like layering leverage on volatile assets. Traders, start your engines—the casino’s serving new flavors of risk.

BitMEX has launched a new feature called Multi Asset Margining, allowing users to trade derivatives using multiple currencies. Now, $XRP can be used as margin for derivatives trading, alongside $RLUSD, which is also live on the platform. Traders can use USDT, USDC, ETH, BTC (XBT), and more to open positions, making trading more flexible and convenient. This update aims to enhance the overall user experience on BitMEX.