Binance, the largest crypto exchange in the world, is expanding its Dogecoin offerings once again with the latest addition. This time around, the crypto exchange is launching a margined perpetual contract for the meme coin, giving traders more options when it comes to betting on the price of Dogecoin.
Binance To Unveil USDC-Margined Perpetual Contract For Dogecoin
In an announcement on Wednesday, Binance revealed that it will be launching a new product for Dogecoin. This product is the USDC-margined DOGE Perpetual Contract that will allow traders to trade DOGE in a new way on the crypto exchange.
As Binance explains, the reason behind the launch is “To expand the list of trading choices offered on Binance Futures and enhance users’ trading experience.” This way, users have a variety of ways in which they can trade Dogecoin.
Trading for the USDC-margined DOGE Perpetual Contract is expected to begin on January 18. As an incentive, the crypto exchange is offering a 10% promotional t
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