Binance Futures introduced that it’ll checklist VOXEL.
Binance Futures to Launch VOXEL Perpetual Contract with As much as 50x Leverage
The contract will go stay on August 20, 2024 at 13:30 CET and can enable merchants to make use of as much as 50x leverage, increasing the platform’s checklist of obtainable buying and selling pairs and enhancing the buying and selling expertise of its customers.
The VOXELUSDT Perpetual Contract could have a most funding charge of +2.00% / -2.00% with funding charges paid each 4 hours.
Binance famous that changes to the contract’s specs could also be made relying on market threat situations. These modifications could embody modifications to the funding payment, affirmation dimension, most leverage, and collateral necessities.
Merchants may also have entry to Binance’s Multi-Asset Mode when buying and selling the VOXELUSDT contract.
This function permits customers to make use of varied margin belongings, equivalent to BTC, to commerce on the contract, providing larger flexibility in managing margin necessities.
Binance’s launch of this new perpetual contract displays its dedication to diversifying buying and selling choices for its customers whereas offering instruments that improve buying and selling effectivity and threat administration.
*This isn’t funding recommendation.
