Binance Futures has announced the launch of a new USDⓈ-margined perpetual contract for Civic (CVC), expanding its range of leveraged trading products.
Binance Futures Launches CVCUSDT Perpetual Contract with USDⓈ Margin with Up to 75x Leverage
The CVCUSDT contract will go live on May 16 at 11:30 and will offer investors the opportunity to trade with up to 75x leverage.
This launch is part of Binance’s efforts to expand trading options and improve the experience for Futures users. The CVCUSDT contract will also be integrated into Binance’s Futures Copy Trading platform within 24 hours of launch, allowing users to copy the strategies of top traders.
At launch, the maximum funding rate for the CVCUSDT contract is set at +2.00% / -2.00%, with funding fee payments to be made every four hours.
Binance continues to expand its Futures product line amid increasing demand for diversified derivatives in the digital asset market. For more information on contracts suitable for copy trading, users can refer to Binance’s Futures Copy Trading FAQ.
*This is not investment advice.
