Binance has expanded its futures offerings by launching new BMTUSDT and MUBARAKUSDT perpetual contracts. These contracts feature up to 25x leverage and a capped funding rate of 2.00%.
Launch of New Binance Contracts
Trading for the new BMTUSDT and MUBARAKUSDT contracts is set to commence on March 17, 2025, with up to 25x leverage. This move is in line with Binance's efforts to diversify its offerings in the dynamic cryptocurrency market.
Anticipating Volatility
While current price data for BMT and MUBARAK is not yet available, analysts predict short-term volatility and increased trading volumes following the launch of these new contracts. Experts suggest that Binance's actions may enhance liquidity in crypto derivatives.
Lessons from Past Listings
Previous listings by Binance Futures have resulted in notable increases in trading volumes. Industry experts anticipate heightened interest in the new products, observing that prior markets responded favorably to new trading opportunities.
The launch of new contracts on Binance is part of the company's strategy to expand offerings and improve the user experience in derivative products.
