Binance Perpetual Contracts: Unlock Limitless Trading Opportunities
Main Idea
Binance is introducing new USDⓈ-margined perpetual contracts for PENGU/USDC, CVX/USDT, and SLP/USDT with up to 75x leverage, offering traders flexibility and opportunities in the crypto market.
Key Points
1. Binance perpetual contracts are futures without expiry dates, popular for their flexibility in the fast-paced crypto market.
2. USDⓈ-margined perpetual contracts use stablecoins like USDT or USDC as collateral, simplifying derivatives trading.
3. Three new contract pairs (PENGU/USDC, CVX/USDT, SLP/USDT) will launch on July 23, 2024, each with 75x maximum leverage.
4. 75x leverage allows traders to amplify profits but also increases risks, requiring disciplined strategies and risk management.
5. Funding rates on perpetual contracts can impact profitability, especially for long-term positions.
Description
BitcoinWorld Binance Perpetual Contracts: Unlock Limitless Trading Opportunities Are you ready to elevate your cryptocurrency trading experience? The digital asset landscape is constantly evolving, and staying ahead means embracing innovative financial instruments. For many crypto enthusiasts and seasoned traders, the announcement of new listings on a leading exchange like Binance is always a moment of keen anticipation. This time, the excitement revolves around the expansion of Binance perpetua...
Latest News
- Crypto Futures Liquidation: Unpacking the Massive $227 Million Market Meltdown2025-07-23 14:29:26
- Web3 Banking: A Transformative Partnership Between WLFI and Vaulta Emerges in the U.S.2025-07-23 14:27:57
- Bitcoin Accumulation: Matador Technologies’ Bold $100M Quest for 6,000 BTC2025-07-23 14:11:19
- U.S. Stock Markets Soar: Unpacking Today’s Remarkable Rally2025-07-23 14:08:44
- AI Unicorn Lovable Achieves Remarkable $100M ARR in Just Eight Months2025-07-23 13:51:47