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SBI VC Trade Launches Bitcoin Leveraged Trading Campaign in Japan

Created at 17 Aug · 11:00 AM1 source↑ Market-relevant
IN SHORT

SBI VC Trade, a subsidiary of Ripple partner SBI Holdings, has launched a limited-time campaign in Japan offering leveraged Bitcoin trading. The campaign reduces the standard spread for BTC/JPY trading from 5,000 yen to 3,333 yen.

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Key Numbers

3,333 yenreduced spread for BTC/JPY trading
5,000 yenstandard spread for BTC/JPY trading
August 17 to August 31campaign duration

Who's Involved

SBI VC Trade
Ripple partner SBI Holdings subsidiary offering Bitcoin leveraged trading
SBI Holdings
Parent company of SBI VC Trade and Ripple affiliate
Ripple
Partner of SBI Holdings

↳ Why This Matters

This campaign by a key Ripple partner aims to attract more traders to leveraged Bitcoin products in Japan by reducing trading costs, potentially increasing trading volume and liquidity for BTC/JPY pairs.

Key facts

  • SBI VC Trade is offering a limited-time campaign for leveraged Bitcoin trading in Japan.
  • The campaign reduces the standard spread for BTC/JPY trading from 5,000 yen to 3,333 yen.
  • Trading is available on weekdays between August 17 and August 31.
  • Customers can use crypto assets as collateral for leveraged positions.
  • The campaign runs concurrently with a similar offering on SBI FX Trade.

Ripple partner SBI Holdings' subsidiary, SBI VC Trade, has initiated a promotional campaign in Japan focused on leveraged Bitcoin trading. The campaign, running from August 17 to August 31, significantly lowers the trading spread for Bitcoin against the Japanese Yen (BTC/JPY) from the usual 5,000 yen to 3,333 yen. This offer is available only on weekdays and excludes weekend trading. Customers can leverage their positions using existing crypto assets as collateral, with funding rates subject to market conditions. This initiative mirrors a previous campaign by SBI VC Trade and runs in parallel with a similar promotion on SBI FX Trade. SBI VC Trade operates as a crypto exchange and a Type I Financial Instruments Business Operator in Japan.

Frequently asked questions

SBI VC Trade is a cryptocurrency exchange and a Type I Financial Instruments Business Operator in Japan, wholly owned by SBI Holdings, an affiliate of Ripple.

The campaign reduces the standard spread for leveraged Bitcoin/JPY trading from 5,000 yen to 3,333 yen, lowering trading costs for participants.

The campaign is active from August 17 to August 31, with trading available only on weekdays.

What Happens Next

01The campaign concludes on August 31.
02Terms and conditions are subject to change and may be terminated without notice.

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Cadence

How It Developed

SBI VC Trade launched a Bitcoin leveraged trading campaign in Japan.
The campaign reduces the standard spread for BTC/JPY trading from 5,000 yen to 3,333 yen.
The campaign runs from August 17 to August 31, excluding weekends.
SBI VC Trade is a crypto exchange and subsidiary of Ripple affiliate SBI Holdings.

Sources

T1
Breaking: Ripple Partner SBI Rolls Out New Bitcoin Leveraged Trading Offer In JapanCoinGape

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