1. Details of the LOKAUSDT Contract
2. Binance Expands Trading Options with Recent Perpetual Contracts
3. Market Expansion and User Engagement

Binance Futures has announced the coming of the LOKAUSDT Perpetual Contract, allowing traders to trade with up to 75x leverage. The contract will be available from Tuesday, September 24, 2024, at around 11:30 (UTC).

Details of the LOKAUSDT Contract

The LOKAUSDT Perpetual Contract allows trading with the League of Kingdoms Arena (LOKA) as the underlying asset, with USDT as the settlement currency. It has leverage ranging from 1:1 to 1:75. The contract will offer a capped funding rate of +2.00% and -2.00%, with funding fees being calculated every four hours. Trading will remain open 24/7. Users can choose to trade across various margin assets using Binance’s Multi-Assets Mode, which includes BTC as margin. This mode gives traders a more complex trading tool while maintaining user interface simplicity. The contract is governed by Binance’s Terms of Use and Binance Futures Service Agreement, ensuring compliance and clarity.

Binance Expands Trading Options with Recent Perpetual Contracts

Besides LOKAUSDT, Binance has recently enhanced its list of perpetual contracts with several other assets, such as FIDAUSDT and FIOUSDT, which come with leverage of up to 75x. These new listings provide a range of choices for retail and institutional investors. Other recent contracts, such as NEIROUSDT and 1MBABYDOGEUSDT, showcase Binance's intention to offer a wide array of assets. The introduction of KDAUSDT with 75x leverage on September 18, 2024, further adds to the platform's diverse portfolio of high-leverage contracts.

Market Expansion and User Engagement

Introducing contracts like LOKAUSDT aligns with Binance's mission to enhance the user experience by offering a wider selection of products. Such actions have allowed Binance to become a key player in high-leverage contract trading. The demand for these products is growing, attracting both existing clients and new traders seeking advanced financial tools. Binance's ability to innovate and meet market needs has kept it competitive in the cryptocurrency exchange market. The launch of the LOKAUSDT Perpetual Contract with 75x leverage provides another vital option for crypto traders, with fixed funding rates and support for Multi-Assets Mode.

The launch of the LOKAUSDT Perpetual Contract with 75x leverage offers another important trading option for crypto traders. The contract features fixed funding rates and supports Multi-Assets Mode, making it suitable for a variety of users. With the increasing listings of perpetual contracts like FIDAUSDT and KDAUSDT, Binance continues to provide more trading opportunities to its users.