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Binance introduces perpetual contracts in latest announcement

Binance introduces perpetual contracts in latest announcement

Binance Launches BIGTIME Perpetual Contracts

Binance has announced the launch of U-based BIGTIME perpetual contracts. However, unlike the Blur Token, Binance has chosen not to launch spot trading of BIGTIME. According to CoinMarketCap, Big Time is a multiplayer action RPG that combines combat with an open gaming economy incorporating Web3 elements.

Public Availability

Binance is offering a perpetual contract with up to 20x leverage for BIGTIME USDT. They reserve the right to periodically modify contract parameters based on market risk factors, including the funding fee, tick size, maximum leverage, initial margin, and maintenance margin prerequisites. Traders can now use Multi-Assets Mode to trade the BIGTIME USDT Perpetual Contract with various margin assets, such as BTC as collateral.

BIGTIME’s Surge

The BIGTIME token was recently listed on Coinbase and experienced a significant rally in its price.

Hot Take: Binance Expands Offerings with BIGTIME Perpetual Contracts

Binance’s launch of BIGTIME perpetual contracts expands its range of offerings in the crypto market. By providing traders with the option to trade the BIGTIME USDT Perpetual Contract with various margin assets and up to 20x leverage, Binance aims to attract more users and increase liquidity on its platform. The recent surge in the price of the BIGTIME token following its listing on Coinbase indicates strong investor interest in this project. As the popularity of gaming and Web3 elements continues to grow, Binance’s decision to support BIGTIME demonstrates its commitment to catering to evolving market trends.

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Binance introduces perpetual contracts in latest announcement