SBI VC Trade, a wholly owned subsidiary of Ripple affiliate SBI Holdings, has launched a limited-time campaign in Japan that lowers the standard spread (the gap between buy and sell prices) for leveraged trading (borrowing to amplify exposure) in BTC/JPY from 5,000 yen to 3,333 yen. The offer runs from Aug. 17 until 3 p.m. Japan time on Aug. 31, is available only during weekday campaign hours, and does not allow weekend trading. The campaign applies only to leveraged BTC/JPY trading and excludes BITPOINT services. SBI VC Trade said the narrower spread reduces the trading price versus its previous BTC/JPY offering, follows an earlier campaign covering leveraged BTC/JPY and XRP/JPY, and is running in parallel with SBI FX Trade on the same BTC/JPY spread and timetable. The company also said spreads may widen briefly in fast-moving markets, traders can use crypto assets as collateral, and funding rates (payments linked to leveraged positions) will affect returns depending on market conditions.