Binance Futures has exciting news for cryptocurrency traders! They have announced the listing of two altcoin pairs, METISUSDT and WLDUSDC, with up to 50x leverage. This move aims to expand the trading options available on Binance Futures and enhance users’ trading experience. The METISUSDT Perpetual Contract will be launched on 12-03-2024 at 11:30, while the WLDUSDC contract will follow on 14-03-2024 at 10:00.
Additionally, qualifying USDⓢ margin futures liquidity providers can enjoy a 0.005% maker fee discount for trades on the METISUSDT Perpetual Contract for a limited period of around 14 to 15 days. As for users, they can take advantage of a 10% promotional transaction fee discount for all transactions in USDC margin futures contracts until 03-04-2024 at 15:30.
To ensure the best risk management and market stability, Binance reserves the right to make changes to the specifications of perpetual contracts as needed. These changes may include adjustments to the funding fee, tick size, maximum leverage, initial margin, or maintenance margin requirements.
Furthermore, Binance Futures offers Multi-Asset Mode, allowing users to buy and sell perpetual contracts using various collateral assets, as long as applicable margin deductions are met. For example, traders can utilize BTC as collateral when trading the mentioned perpetual contracts.
Remember, the information presented here is not investment advice. Stay informed and make wise trading decisions.