Crypto NewsAltcoinBinance Futures Announces Listing of This Altcon with 50x Leverage!

Binance Futures Announces Listing of This Altcon with 50x Leverage!

Cryptocurrency exchange Binance shared in its announcement that this altcoin will be listed in futures transactions.

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Binance Futures will list SNT on 02-11-2023 15:30 with up to 50x leverage.

Binance Futures to Launch USDⓈ-M SNT Perpetual Contract with Up to 50x Leverage

The maximum funding rate of the SNTUSDT Perpetual Contract at launch is +2.00% / -2.00%.

The funding fee payment frequency is every four hours. Binance may change the specifications of the SNTUSDT Perpetual Contract from time to time, including funding fee, transaction size, maximum leverage, initial margin and maintenance margin requirements, depending on market risk conditions.

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Multi-Asset Mode allows users to buy and sell the SNTUSDT Perpetual Contract across multiple collateral assets, subject to applicable coefficients.

For example, when Multi-Asset Mode is enabled, users can use BTC as collateral when trading on the SNTUSDT Perpetual Contract.

The SNTUSDT Perpetual Agreement is subject to the terms of the Binance Terms of Use and the Binance Futures Services Agreement.

*This is not investment advice.

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