Binance Futures Announced Listing These Altoins in USDC with 50x Leverage!

Binance Futures is set to expand its range of trading options and elevate users’ trading experiences with the launch of new perpetual contracts.

Binance Futures Introduces USDC Secured ENA, ETHFI, and 1000BONK Perpetual Contracts

The ENAUSDC Perpetual Contract will be launched on May 2, 2024 at 10:00 AM, the ETHFIUSDC Perpetual Contract will be launched at 10:15 AM, and the 1000BONKUSDC Perpetual Contract will be launched at 10:30 AM. These contracts will offer up to 50x leverage.

Effective April 3, 2024 at 15:30, users will be able to benefit from zero maker fees and 0.017% taker fees for all transactions they make in USDC margin futures contracts.

Binance emphasizes that the features of these futures contracts, such as funding fees, transaction sizes, maximum leverage, initial margin or maintenance margin requirements, may be subject to periodic adjustments based on market risk conditions.

Additionally, the Multi-Asset Mode feature allows users to trade the above-mentioned futures contracts using various collateral assets, subject to applicable coefficients.

For example, when Multi-Asset Mode is enabled, investors have the flexibility to use BTC as collateral when trading new perpetual contracts.

With these improvements, Binance Futures remains committed to providing its users with a variety of trading options and a seamless trading experience.

*This is not investment advice.

Source