Binance Futures is expanding its leveraged trading product range with the launch of a new USD-Margined Perpetual Contract for Civic (CVC).
Binance Futures launches a permanent CVCUSDT contract with USDⓢ margin with up to 75x leverage
The CVCUSDT contract was made public at 11:30am on May 16th, offering investors the opportunity to trade with up to 75x leverage.
The launch is part of Binance’s efforts to expand trading options and improve the experience of futures users. The CVCUSDT contract will be integrated into Binance’s futures copy trading platform within 24 hours of launch, allowing users to copy the strategies of top traders.
At launch, the maximum funding rate for CVCUSDT contracts is set at +2.00%/-2.00%, with funding fees being paid every four hours.
Binance continues to expand its futures product line amid increasing demand for diverse derivatives in the digital asset market. For more information about contracts suitable for copy transactions, users can refer to Binance’s Futures Copy Trading FAQ.
*This is not investment advice.