New VOXEL Perpetual Contract Introduced by Binance Futures With 50x Leverage😊

Exciting News for Traders: Binance Futures Launches VOXELUSDT Perpetual Contract with Up to 50x Leverage 🚀

Binance Futures is gearing up to introduce the VOXELUSDT Perpetual Contract, offering traders the opportunity to leverage their positions up to 50 times, adding more options to their trading repertoire.

Details of the New Contract

The VOXELUSDT Perpetual Contract is set to kick off on August 20, 2024, at 10:30 (UTC) with a maximum leverage of 50x, enabling traders to amplify their potential profits, albeit with higher risks involved.

The funding rate upon launch is capped at +2.00% / -2.00%, with funding fee settlements happening every four hours.
Binance may tweak the contract specifications, such as funding fee, tick size, leverage, initial margin, and maintenance margin requirements, based on market conditions.

Multi-Assets Mode

Binance Futures will support Multi-Assets Mode for the VOXELUSDT contract, allowing users to engage in trading across various margin assets, while adhering to applicable haircuts. For example, traders can opt to use Bitcoin (BTC) as margin while trading the VOXELUSDT perpetual contract.

Terms and Conditions

Before participating in trading activities, users must familiarize themselves with Binance’s Terms of Use and the Binance Futures Service Agreement applicable to the VOXELUSDT Perpetual Contract.

Binance emphasizes the volatility of digital asset prices and the substantial market risk associated with futures trading, highlighting the sole responsibility of traders for their investment decisions.
For insights into responsible trading practices, users can explore Binance’s Responsible Trading page for additional information.

Binance’s proactive approach to expanding its product range aligns with the evolving cryptocurrency landscape, catering to the diverse requirements of its user base. The debut of the VOXELUSDT Perpetual Contract underscores Binance’s dedication to delivering a holistic trading experience.

Hot Take: Embrace the Future of Trading with Binance Futures 🌟

Get ready to elevate your trading game with the upcoming launch of the VOXELUSDT Perpetual Contract on Binance Futures, offering enhanced leverage options and a dynamic trading experience. Stay informed, trade responsibly, and seize the opportunities presented by Binance’s cutting-edge trading platform!