Binance’s announcement of the upcoming launch of a USDC-margined AVAX Perpetual Contract on its Futures platform has sparked a surge in Avalanche (AVAX) price.
Amidst a broader market consolidation, Avalanche (AVAX) has shown remarkable resilience and upward momentum, with a 55% surge between March 11 and March 18.
The Avalanche (AVAX) price surged by more than 13% in the last 24 hours, capturing the attention of both crypto enthusiasts and investors. Analysts attribute this spike to a significant move by the leading cryptocurrency exchange, Binance.
Earlier today, Binance announced the upcoming launch of a USDC-margined AVAX Perpetual Contract on its Futures platform, slated for March 20, 2024, at 07:00 (UTC). With leverage of up to 75x, this initiative aims to broaden trading opportunities and enhance the user experience on Binance Futures.
Furthermore, users can benefit from a 10% promotional trading fee discount until April 3, 2024, 12:30 (UTC) on all trades of USDC-margined futu
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