Crypto NewsAltcoinBinance Announced that it Listed the Altcoin in Spot Transactions with 50x...
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Binance Announced that it Listed the Altcoin in Spot Transactions with 50x Leverage in Futures Transactions!

Cryptocurrency exchange Binance shared in its announcement that this altcoin will be listed in futures transactions.

Author: Utku Yanık
Update:
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Cryptocurrency exchange Binance has also listed the altcoin ORDI, which it announced today in spot transactions, in futures transactions.

Binance Futures Introduces ORDI Perpetual Contract with 50x Leverage

Binance Futures will introduce the USDⓈ-M ORDI Perpetual Contract to investors on November 7, 2023 at 15:30, offering investors the opportunity to increase their positions by up to 50x.

Here are the key details of the USDⓈ-M ORDI Perpetual Contract:

Maximum Funding Rate: The ORDIUSDT Perpetual Contract will have a +2.00% funding rate cap and a -2.00% floor rate at launch.

Related News  Binance Announced It Will List This Altcoin, Its Price Increased By 30 Percent!

Funding Fee Settlement Frequency: Payment of funding fees will occur every four hours.

Binance reserves the right to make adjustments to various parameters of the ORDIUSDT Perpetual Contract depending on evolving market conditions.

*This is not investment advice.

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