Binance Futures announced that it will list VOXEL.
Binance Futures to Launch VOXEL Perpetual Contract with Up to 50x Leverage
The contract will go live on August 20, 2024 at 13:30 CET and will allow traders to use up to 50x leverage, expanding the platform’s list of available trading pairs and enhancing the trading experience of its users.
The VOXELUSDT Perpetual Contract will have a maximum funding rate of +2.00% / -2.00% with funding fees paid every four hours.
Binance noted that adjustments to the contract’s specifications may be made depending on market risk conditions. These changes may include changes to the funding fee, confirmation size, maximum leverage, and collateral requirements.
Traders will also have access to Binance’s Multi-Asset Mode when trading the VOXELUSDT contract.
This feature allows users to use various margin assets, such as BTC, to trade on the contract, offering greater flexibility in managing margin requirements.
Binance’s launch of this new perpetual contract reflects its commitment to diversifying trading options for its users while providing tools that increase trading efficiency and risk management.
*This is not investment advice.
