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Binance Futures Announces Listing of a New Altcoin on USDC with Up to 25x Leverage!

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Binance Futures introduced the launch of a brand new CRV perpetual contract with USDC margin to diversify buying and selling choices and enhance person expertise. The contract will go dwell on July 4, 2024 at 10:00 AM and can provide as much as 25x leverage.

Binance Futures to Launch USDC-Margined CRV Perpetual Contract with As much as 25x Leverage

The launch of the CRVUSDC Perpetual Contract goals to supply merchants with extra choices and alternatives on the Binance Futures platform.

Nevertheless, Binance has said that it might regulate contract options relying on market danger circumstances. Doable changes might embrace modifications to the funding payment, tick dimension, most leverage, preliminary margin and upkeep margin necessities.

Moreover, Binance Futures will help Multi-Asset Mode for these contracts. This mode permits customers to commerce new CRVUSDC perpetual contracts utilizing a number of collateral property.

For instance, when Multi-Asset Mode is enabled, customers can use BTC as margin when buying and selling these perpetual contracts.

This new providing is a part of Binance Futures’ ongoing efforts to broaden its product providing and supply buyers with versatile instruments to navigate the cryptocurrency market.

The platform continues to adapt and innovate in response to the dynamic setting of digital asset buying and selling.

*This isn’t funding recommendation.

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