Binance Futures, It will come into effect on October 25, 2024 at 13:00. FASHION USDT announced the launch of its permanent contract.
Binance Futures to Launch 75x Leveraged MOODENGUSDT Perpetual Contract
The new USDⓈ margin contract will offer traders the opportunity to leverage their positions up to 75x.
Basic Details of MOODENGUSDT Perpetual Contract
- Launch Date: 25 October 2024, 13:00
- Maximum Leverage: 75x
Contract Address for Verification: ED5nyyWEzpPPiWimP8vYm7sD7TD3LAt3Q3gRTWHzPJBY
Financing Rates and Adjustments
- Initial Funding Rate: ±%2,00
- Funding Fee Settlement: every four hours
- Binance reserves the right to adjust contract specifications including leverage, funding fees, tick size, and margin requirements based on market risk conditions.
Multiple Asset Mode Support
Multi-Asset Mode will allow traders to use multiple margin assets to trade on the MOODENGUSDT perpetual contract. For example, users can use BTC as margin when trading MOODENGUSDT.
This launch expands Binance’s trading options and appeals to users looking for a variety of instruments and high leverage opportunities. As always, given the volatility of leveraged futures contracts, investors are advised to manage risk carefully.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/binance-vadeli-islemler-75x-kaldirac-ile-bu-altcoini-listeledigini-duyurdu-4/