Binance Futures has launched a new trading product, the USDⓈ-M 1000RATS Perpetual Contract. This addition, effective from December 15, 2023, at 14:00 UTC, introduces an innovative derivative in the cryptocurrency market. The contract will be paired against USDT and offers a significant leverage option of up to 50x, catering to a diverse range of trading strategies and risk appetites.
Details of the 1000RATSUSDT Perpetual Contract
This perpetual contract, denoted as 1000RATSUSDT, is grounded in the underlying asset 1000RATS. In addition, it operates with a tick size of 0.00001 and adheres to a capped funding rate of +2.00% / -2.00%. Uniquely, the funding fee settlement occurs every four hours, ensuring continuous alignment with market conditions. Traders can engage with these contracts 24/7, and Binance supports Multi-Assets Mode, allowing for a more flexible margining in assets like BTC.
Liquidity Providers’ Benefits
In recognition of their crucial role, qualified USDⓈ-margined f
We współpracy z: https://coingape.com/binance-futures-introduces-1000rats-perpetual-contract-with-50x-leverage/
