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Binance Futures has announced the launch of USDⓈ-margined perpetual contracts offering up to 75x leverage for four new trading pairs.
Binance Futures to Launch New Perpetual Contracts with Up to 75x Leverage
The new contracts will expand the platform’s range of trading options and improve user experience.
Launch Schedule
The new permanent contracts will enter into force on 10 December 2024 according to the following schedule:
15:00: RAYUSDT (Raydium)
15:15: KOMAUSDT (Koma Inu)
15:30: VIRTUALUSDT (Virtuals Protocol)
15:45: SPXUSDT (SPX6900)
Key Features
Leverage: Up to 75x, catering to both aggressive and conservative trading strategies.
Funding Rates: At launch, the maximum funding rate for all listed contracts will be +2.00% / -2.00%, with settlement occurring every four hours.
Contract Details:
Raydium (RAY): Contract verification address: 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R.
Koma Inu (KOMA): Contract verification address: 0xd5eaAaC47bD1993d661bc087E15dfb079a7f3C19.
Virtuals Protocol (VIRTUAL): Contract validation address: 0x44ff8620b8cA30902395A7bD3F2407e1A091BF73.
SPX6900 (SPX): Contract verification address: 0xe0f63a424a4439cbe457d80e4f4b51ad25b2c56c.
Trading Advantages
These contracts provide investors with additional options to diversify their portfolios and take advantage of market opportunities, especially with the high leverage offer.
Risk Note: Highly leveraged products increase potential gains but also magnify risks. Investors should exercise caution, use sound risk management practices and ensure they fully understand this product before entering into it.
For more information on funding rates and settlement terms, you can visit Binance Futures’ official platform guidelines.
*This is not investment advice.
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