Introducing Binance Futures’ 50x Leverage Perpetual Contract

By Noah Rypton Oct 15, 202373Views

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Binance Futures Launches New Trading Product with 50x Leverage

Binance Futures has expanded its product offerings by introducing a new financial instrument that allows crypto traders to access leverage of up to 50 times. The BOND/USDT Perpetual Contract, backed by the BarnBridge (BOND) token and settled in Tether (USDT), provides an opportunity for crypto enthusiasts to trade 24/7. The contract has a tick size of 0.001 and a funding rate cap of +2.00% or -2.00%, with funding fee settlements occurring every four hours. This announcement comes shortly after Binance launched BIGTIME perpetual contracts with up to 20 times leverage. Additionally, Binance introduced copy trading for its futures products, allowing users to follow and replicate the strategies of experienced traders.

BOND Token Soars in Value

The value of BarnBridge’s BOND token has experienced a significant surge, more than doubling in price recently.

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Noah Rypton

Noah Rypton stands as an enigmatic fusion of crypto analyst, relentless researcher, and editorial virtuoso, illuminating the uncharted corridors of cryptocurrency. His odyssey through the crypto realms reveals intricate tapestries of digital assets, resonating harmoniously with seekers of all stripes. Noah's ability to unfurl the labyrinthine nuances of crypto intricacies is elegantly interwoven with his editorial finesse, transmuting complexity into an engaging symphony of comprehension. An unwavering beacon for both seasoned adventurers and neophytes in the crypto cosmos, Noah's insights forge a compass for informed decision-making amidst the tides of ever-evolving cryptocurrencies. With an artist's eye for precision, he crafts a distinctive narrative, enriching the vibrant tableau of the crypto landscape.