Binance Futures to Launch CBRSUSDT Perpetual Contract on May 19

Binance Futures said it will launch the CBRSUSDT traditional asset perpetual contract on May 19 at 17:30 UTC+8. The contract will be based on the spot price of Cerebras Systems Inc., use USDT for settlement, and support leverage of up to 10x. Perpetual contracts are derivatives that let traders gain exposure to price movements without owning the underlying asset, and leverage can amplify both gains and losses.

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