Binance Futures introduced that it’ll record NULS and DOGS.
The cash shall be accessible on August 26, 2024 with leverage choices of as much as 75x.
Binance Futures to Launch USDT Margined NULS and DOGS Perpetual Contracts with As much as 75x Leverage
Contract Launch Particulars:
NULSUSDT Perpetual Contract: Launched on August 26, 2024 at 11:30 AM
DOGSUSDT Perpetual Contract: Launched on August 26, 2024 at 15:30
Most Leverage: as much as 75x
Funding and Reconciliation:
Most Funding Fee: +2.00% / -2.00%
Funding Charge Settlement Frequency: Each 4 hours
Dynamic Changes:
Binance could regulate contract options, together with funding charge, tick dimension, leverage, and margin necessities, based mostly on market situations.
Multi-Entity Mode:
Merchants can use Binance’s Multi-Asset Mode, which permits margin buying and selling throughout a number of belongings. For instance, BTC can be utilized as margin when buying and selling these perpetual contracts.
The brand new contracts are a part of Binance Futures’ ongoing efforts to boost buying and selling choices and enhance consumer expertise within the fast-paced world of crypto derivatives.
*This isn’t funding recommendation.