Binance, one of the largest cryptocurrency exchanges, has announced the rollout of trading options for three new altcoins: GRIFFAINUSDT, AI16ZUSDT, and ZEREBROUSDT. The new contracts will offer up to 75x leverage.
Trading Hours for New Contracts
Trading for these new futures will commence on January 2, 2025. The start times are: GRIFFAINUSDT at 16:30 UTC, AI16ZUSDT at 16:45 UTC, ZEREBROUSDT at 17:00 UTC.
How Binance Enhances User Experience
Binance is introducing a Multi-Assets Mode feature, allowing for various collateral types, including Bitcoin. This innovation provides greater flexibility in trading strategies.
Impact of Innovations on the Market
Following the announcement, altcoin prices increased by 10% to 30%. The contracts are designed to adjust every four hours, with a funding rate change condition of +/- 2.00%. Binance also provided verification addresses for secure trading.
New Binance futures with high leverage open up new trading opportunities on the crypto market. The exchange continues to focus on security and transparency of trading operations.
