Exciting New Listings on Binance Futures!
Attention, crypto enthusiasts! Binance Futures, a key player in the crypto derivatives market, has some thrilling news for you. They have just announced the listing of USDⓈ-M and COIN-M Quarterly 1227 Delivery Contracts. Here’s everything you need to know about this latest development:
Overview of New Listings
- Binance Futures has added USDⓈ-M and COIN-M Quarterly 1227 Delivery Contracts.
- These contracts will follow the expiration and settlement of the USDⓈ-M and COIN-M Quarterly 0628 Delivery Contracts on June 28, 2024, at 08:00 (UTC).
Key Details
- The new contracts include COIN-M BTC, ETH, BNB, ADA, LINK, BCH, XRP, DOT, and LTC Quarterly 1227 Delivery Contracts.
- Binance aims to offer a wide range of trading options to cater to the needs of its users.
Important Guidelines for Traders
- Traders must note that they can only close their positions or place Reduce Only orders before the delivery.
- No new positions can be opened within ten minutes of the delivery.
Market Insights
- This move by Binance Futures comes amidst significant volatility in the crypto market.
- The introduction of new futures contracts aims to provide more opportunities for traders to hedge and speculate on major cryptocurrencies.
Risk Advisory
- Traders are urged to be cautious as futures trading involves high risks.
- Binance emphasizes the importance of responsible trading and provides detailed risk warnings on its official website.
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