Major crypto exchange Binance has recently announced new futures listings. This move is aimed at expanding trading options available to users, providing more opportunities to engage with the dynamic crypto market.
New Contracts Announcement
This week, Binance, one of the world's leading cryptocurrency exchanges, announced new futures contracts. Futures contracts are agreements to buy or sell an asset at a predetermined price at a specified time in the future. They allow traders to speculate on the price movements of cryptocurrencies without actually owning the underlying assets.
Contract Details
Most recently, Binance announced the addition of the FIO and FIDA perpetual contracts. Specifically, the FIDAUSDT perpetual contract will be launched with up to 75x leverage.
> Binance Futures will launch the USDⓈ-Margined $FIO Perpetual Contract on September 20, 2024, at 11:30 (UTC). Read more:
Other New Listings on Binance
This week, Binance also listed Neiro (NEIRO), Turbo (TURBO), and Baby DogeCoin (100000BABYDOGE) for spot trading under the Seed Tag. The newly added spot trading pairs are NEIRO/USDT, TURBO/USDT, and 100000BABYDOGE/USDT. Additionally, Binance Futures introduced the NEIROUSDT perpetual contract and the 1MBABYDOGEUSDT perpetual contract with up to 75x leverage.
The latest listings by Binance expand users' opportunities to engage in trading on the dynamic crypto market. The introduction of new futures contracts and spot trading pairs underscores Binance's commitment to enhancing the trading experience and diversity of options for traders.
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