Binance Futures to Launch ATUSDT Perpetual Contracts with 50x Leverage
According to Binance’s official statement, CCUSDT perpetual contracts will begin pre-trading today at 22:00, offering traders leveraged exposure in the cryptocurrency derivatives market.
Summary
Binance has officially announced that CCUSDT perpetual contract pre-trading will commence at 22:00 today. This derivative product will support up to 5x leverage and forms part of Binance Futures’ continued expansion in leveraged cryptocurrency derivatives. The perpetual contracts, which have no set expiration date, are designed for traders seeking enhanced exposure while managing margin requirements.
Terms & Concepts
- Perpetual Contract: A derivative product with no expiry date, enabling traders to hold positions indefinitely while using leverage.
- Leverage: Borrowed capital that amplifies trading positions, in this case up to 5x for CCUSDT contracts.