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Binance Futures Introduces Up to 75% Leverage Perpetual Contracts on Arbitrum, Neo, Filecoin
Binance has unveiled new additions to its trading offerings with the launch of three new USDC-margined perpetual contracts. These contracts will provide traders with leveraged exposure to cryptocurrencies such as Arbitrum (ARB), Neo (NEO), and Filecoin (FIL), utilizing USDC as collateral. They will be granted the opportunity to amplify their positions with leverage of up to 75 times their initial investment.
Gradual Launch Process and Leverage Information
The first contract, ARBUSDC Perpetual, based on the Arbitrum cryptocurrency, will go live on April 18, 2024, at 07:00 UTC, offering traders up to 50x leverage. Shortly after, at 07:15 UTC, the NEOUSDC will commence trading with the same maximum leverage of 50x. Lastly, the FILUSDC will be introduced at 07:30 UTC, granting traders the opportunity to amplify their positions with a leverage of up to 75x. This gradual laun
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