Binance Futures is set to introduce an exciting addition to its trading options with the launch of a new CRV perpetual contract using USDC margin, offering leverage of up to 25x. Scheduled to commence on July 4, 2024, at 10:00 AM, this initiative aims to enhance trading diversity and user engagement on the platform.
This new CRVUSDC Perpetual Contract will enable traders to capitalize on varied opportunities within the Binance Futures ecosystem. However, Binance has emphasized its readiness to adjust contract specifics as needed, contingent upon market risk factors. Potential modifications could encompass alterations to funding fees, tick sizes, maximum leverage, initial margin requirements, and maintenance margin thresholds.
Moreover, Binance Futures will introduce support for Multi-Asset Mode for these contracts, allowing users to utilize diverse collateral assets such as BTC when trading the CRVUSDC perpetual contracts. This innovation underscores Binance Futures’ commitment to expanding its product range and equipping investors with adaptable tools tailored for navigating the cryptocurrency landscape effectively.
As the platform continues to evolve, it remains dedicated to delivering innovative solutions that cater to the dynamic demands of digital asset trading.
*This article does not constitute investment advice. For access to over 300 cryptocurrencies, you can register on Binance with a 20% COMMISSION DISCOUNT using this link!
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