Binance Futures is gearing up to launch the USDⓈ-M Numeraire (NMR) perpetual contract on 2023-06-22 15:00, offering traders the opportunity to trade NMR with up to 20x leverage.
Cryptocurrency Exchange Binance Launches USDⓈ-M NMR Perpetual Contract with 20X Leverage
It is important to note that the properties of the NMRUSDT Perpetual Contract may be adjusted by Binance depending on market risk conditions.
Binance's Multi-Asset Mode provides flexibility for users trading on the NMRUSDT Perpetual Contract.
This mode allows traders to use multiple collateral assets, subject to applicable collateral deductions. For example, when Multi-Asset Mode is enabled, users have the option to use BTC as margin when trading on the NMRUSDT Perpetual Contract.
This feature improves trading options and allows traders to diversify their strategies.
*Not investment advice.