Binance Futures is expanding its derivatives offering with the launch of two new USDⓈ-margined perpetual contracts, PUNDIXUSDT and CTKUSDT. Both contracts will be offered with up to 75x leverage.
Binance Futures Launches PUNDIXUSDT and CTKUSDT Perpetual Contracts with Up to 75x Leverage
The new contracts are scheduled to launch on April 30 for PUNDIXUSDT at 13:00 and CTKUSDT at 13:15. As part of Binance’s efforts to increase trading flexibility and market depth, these contracts will also become available for Futures Copy Trading within 24 hours of their launch.
The maximum funding rate for each contract will be +2.00% / -2.00%, with funding fee payments occurring every four hours.
These additions are part of Binance’s ongoing strategy to diversify its offerings and offer investors greater exposure to new altcoin markets. PUNDIX (Pundi X) and CTK (CertiK) are mid-cap tokens that are notable for their roles in blockchain security and decentralized point-of-sale solutions, respectively.
Binance advised users to refer to the Futures Copy Trading FAQ page for more information on available trading pairs and how to participate in copy trading.
The move comes as Binance continues to strengthen its derivatives platform amid the competitive crypto trading landscape, following recent contract listings and the launch of features for advanced traders.
*This is not investment advice.
