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    Home » Binance Futures to Launch New Perpetual Contracts with Up to 75x Leverage
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    Binance Futures to Launch New Perpetual Contracts with Up to 75x Leverage

    Andrei IonescuBy Andrei IonescuTuesday, 10 December 2024, 14:03No Comments2 Mins Read

    Binance Futures has announced the launch of USDⓈ-margined perpetual contracts for four new trading pairs, offering up to 75x leverage. The new contracts will enhance the platform’s range of trading options and improve user experience.

    Launch Schedule

    The new perpetual contracts will go live on December 10, 2024, as per the following schedule:

    • 12:00 UTC: RAYUSDT (Raydium)
    • 12:15 UTC: KOMAUSDT (Koma Inu)
    • 12:30 UTC: VIRTUALUSDT (Virtuals Protocol)
    • 12:45 UTC: SPXUSDT (SPX6900)

    Key Features

    • Leverage: Up to 75x, catering to both aggressive and conservative trading strategies.
    • Funding Rates: At launch, the maximum funding rate for all listed contracts will be +2.00%/-2.00%, with settlement occurring every four hours.
    • Contract Details:
      • Raydium (RAY): Contract verification address: 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R.
      • Koma Inu (KOMA): Contract verification address: 0xd5eaAaC47bD1993d661bc087E15dfb079a7f3C19.
      • Virtuals Protocol (VIRTUAL): Contract verification address: 0x44ff8620b8cA30902395A7bD3F2407e1A091BF73.
      • SPX6900 (SPX): Contract verification address: 0xe0f63a424a4439cbe457d80e4f4b51ad25b2c56c.

    Trading Benefits

    These contracts provide traders with additional options to diversify their portfolios and capitalize on market opportunities, especially with the high leverage offering.

    Risk Note: High-leverage products amplify potential gains but also magnify risks. Traders should exercise caution, employ sound risk management practices, and ensure they fully understand the product before engaging.

    For more details on funding rates and settlement terms, visit Binance Futures’ official platform guidelines.

    Related

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    Andrei Ionescu

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