Binance Futures is expanding its offering with the launch of the RPL/USDT Perpetual Contract, scheduled for September 9, 2024, at 12:30 (UTC). Traders will be able to leverage their positions by up to 75x, providing more opportunities for both risk management and potential returns.
Key Features:
- Maximum Leverage: Up to 75x leverage available for traders.
- Funding Rate: At launch, the funding rate will be capped at +2.00% / -2.00%.
- Funding Fee: Settlement occurs every four hours.
Binance also highlighted that contract specifications—such as funding fees, tick size, and leveragemay be adjusted periodically based on market conditions. Users should stay informed about possible changes to ensure optimal trading strategies.
Multi-Assets Mode:
For added flexibility, Binance’s Multi-Assets Mode allows users to trade the RPL/USDT Perpetual Contract using various margin assets, such as BTC, depending on the applicable haircut.
This new contract adds to the ever-growing list of perpetual futures offered on Binance, aimed at enhancing the trading experience and expanding choices for users.
