Binance Futures is preparing to launch two new perpetual contracts to diversify trading options and enrich the user experience.
Binance Futures Introduces USDC Collateralized LTC and NEAR Perpetual Contracts with Up to 75x Leverage
These contracts will provide investors with greater flexibility and potential profit opportunities by offering leverages of up to 75x and 50x respectively.
The LTCUSDC Perpetual Contract is scheduled to go live at 10:00 on April 11, 2024, and the NEARUSDC Perpetual Contract is scheduled to go live at 10:15 on the same day.
With these additions, Binance Futures aims to meet the evolving needs of its user base and expand the range of tradable assets.
Additionally, starting at 15:30 on April 3, 2024, users will be able to benefit from zero maker fees and a competitive taker fee of 0.017% for all transactions on USDC margined futures contracts.
This initiative is set to stimulate trading activity and support greater liquidity on the Binance Futures platform.
It is important to note that Binance reserves the right to adjust the characteristics of these futures contracts as it deems necessary based on market risk conditions.
This may include changes to parameters such as funding fees, tick size, maximum leverage, initial margin and maintenance margin requirements.
*This is not investment advice.