Binance Futures to Launch USDC-Secured DOGE Perpetual Contract with 75x Leverage

Binance Futures announced the launch of the USDC margin DOGE Perpetual Contract to expand the trading options available to users and elevate their trading experience.

Binance Futures Introduces USDC-Margined DOGE Perpetual Contract with Up to 75x Leverage

The contract is scheduled to go live at 13:00 on 18-01-2024 and will have leverage of up to 75x.

As part of an introductory promotion, users trading USDC margin futures contracts will be entitled to a 10% discount on trading fees.

This promotional offer will remain in effect until 03-04-2024 at 15:30 and will provide an incentive for users to discover and participate in the new perpetual contract.

It is important to note that Binance reserves the right to make adjustments to the features of the futures contracts mentioned above in response to evolving market risk conditions.

These adjustments may include changes to the funding fee, tick size, maximum leverage, initial margin and/or maintenance margin requirements.

The introduction of Multi-Asset Mode further enriches the trading experience by allowing users to participate in the above-mentioned futures contracts across multiple collateral assets, subject to applicable margin deductions.

For example, if Multi-Asset Mode is enabled, users can use BTC as collateral when trading on the DOGEUSDC Perpetual Contract.

*This is not investment advice.


Click to rate this post!
[Total: 1 Average: 5]
Show More