Binance Futures is set to enhance its trading landscape by introducing a new altcoin paired with USDC, offering traders the opportunity to engage with up to 25x leverage. This innovative CRV perpetual contract will be available from July 4, 2024, at 10:00 AM, marking a significant expansion in the platform’s diverse trading options.
**Binance Futures Elevates Trading Experience with New USDC-Margined CRV Perpetual Contract**
In a move to enrich its trading ecosystem, Binance Futures has declared the inauguration of the CRVUSDC Perpetual Contract. This strategic addition is designed to furnish traders with augmented choices and potential on the Binance Futures platform.
Binance has also communicated its readiness to modify contract specifications in alignment with fluctuating market risk scenarios. Such modifications could encompass alterations in funding fees, tick sizes, maximum leverage, and both initial and maintenance margin prerequisites.
**Expanding Horizons with Multi-Asset Mode**
In conjunction with the launch, Binance Futures is introducing Multi-Asset Mode for these contracts, thereby permitting the utilization of various collateral types. For instance, with Multi-Asset Mode activated, traders have the flexibility to employ BTC as collateral for these perpetual contracts.
This latest initiative is a testament to Binance Futures’ commitment to broadening its product range and equipping investors with dynamic instruments to adeptly traverse the cryptocurrency market. The platform persists in its evolution and innovation, keeping pace with the ever-changing digital asset trading sphere.
Please note, this information is not intended as investment advice.
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