Binance Futures is expanding its trading offering with the launch of a perpetual contract that has been malnuated with two new USD. According to the official announcement, both Taikousdt and Sqdusdt offer up to 50 times the leverage.
Binance futures to commence permanent contracts between Taikousdt and Sqdusdt today with leverage up to 50 times
The startup schedule is as follows:
Taikousdt Permanent Contract: It will be released at 3:30pm on June 11th.
SQDUSDT Permanent Contract: Released at 15:45 on June 11th
With both Taiko and SQD assets already available on the Binance Alpha Market, debuting on the futures platform is a critical step for investors looking to gain exposure to advanced derivatives.
Additionally, new contracts will be available for trading futures copies within 24 hours of launch, allowing users to reflect the strategy of professional traders.
Binance says the maximum funding rate at launch is +2.00%/-2.00%, with funding fees being paid every four hours.
The move is part of Binance Futures’ efforts to diversify product offerings and enhance the trading experience by enhancing access to emerging digital assets through leveraged equipment.
*This is not investment advice.