Crypto NewsNewsBinance Futures Announces Listing of Two New Altcoins with Up to 75x...

Binance Futures Announces Listing of Two New Altcoins with Up to 75x Leverage!

Bitcoin exchange Binance announced to its users the launch of SLERFUSDT and SCRTUSDT perpetual contracts.

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Binance Futures will list SLERF and SCRT at 14:30 on November 21, 2024.

Binance Futures to Launch SLERFUSDT and SCRTUSDT Perpetual Contracts with Up to 75x Leverage

Launch Details

SLERFUSDT contract address: 7BgBvyjrZX1YKz4oh9mjb8ZScatkkwb8DzFx7LoiVkM3

SCRTUSDT contract address: ibc/0954E1C28EB7AF5B72D24F3BC2B47BBB2FDF91BDDFD57B74B99E133AED40972A

Contracts are USDⓈ margined and the funding rate will have a maximum range of +2.00% / -2.00% and will be calculated every four hours.

Trading Features

Binance Futures allows users to trade these contracts using the Multi-Asset Mode, which provides flexibility in margin holdings. For example, traders can use BTC as margin when trading SLERFUSDT or SCRTUSDT.

Binance will actively monitor and adjust contract specifications based on market conditions. This includes any potential changes.

With these new listings, Binance Futures continues to evolve its trading ecosystem by catering to a variety of trading strategies while maintaining robust risk management mechanisms.

This launch reinforces Binance’s commitment to offering a wide range of leveraged trading options for its global user base.

*This is not investment advice.

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