Binance Futures is set to expand its trading offerings with the launch of USDⓈ-Margined MOCAUSDT Perpetual Contracts. Trading for this new product will begin on December 16, 2024, at 14:30, allowing users to access leverage of up to 75x.
Binance Futures Introduces MOCAUSDT Perpetual Contracts with 75x Leverage
The new perpetual contract is connected to the Moca Network (MOCA) and the verified contract address is listed as 0xf944e35f95e819e752f3ccb5faf40957d311e8c5, providing transparency for investors.
Basic Details of MOCAUSDT Perpetual Contract
Leverage: up to 75x.
Funding Rate Maximum: +2.00% / -2.00% at Launch.
Funding Fee Settlement: Every four hours.
Trading Feature: Multi-Asset Mode allows users to trade MOCAUSDT contracts using multiple margin assets such as BTC.
Binance emphasized its commitment to risk management and adaptability, stating that contract features, including funding fees, confirmation sizes, maximum leverage, and collateral requirements, can be adjusted based on current market conditions.
This launch is part of Binance Futures' ongoing efforts to expand its product offering and enhance the trading experience for its global user base.
What is Moca Network?
The focus of this new listing, Moca Network, is a blockchain project designed to offer innovative solutions in decentralized technology.
With its listing on Binance Futures, MOCA aims to reach a wider audience and increase its utility in the crypto ecosystem.
For more details, users are advised to visit the official announcement page of Binance Futures.
*This is not investment advice.