Introducing the DIAUSDT Perpetual Contract with up to 75x Leverage on Binance Futures
At Extreme Investor Network, we are excited to share the latest news from Binance Futures. The leading cryptocurrency exchange is expanding its trading options by introducing the DIAUSDT Perpetual Contract, offering traders leverage of up to 75x. This new contract is set to go live on October 2, 2024, at 12:30 PM (UTC).
Details of the DIAUSDT Perpetual Contract
The DIAUSDT Perpetual Contract will feature a maximum funding rate of +2.00% / -2.00% at launch, with funding fee settlements occurring every four hours. Market risk conditions may lead to adjustments in funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements.
Multi-Assets Mode
Binance’s Multi-Assets Mode will enable users to trade the DIAUSDT perpetual contract across multiple margin assets, with applicable haircuts. This means users can use assets like BTC as margin when trading the DIAUSDT perpetual contract once the Multi-Assets Mode is activated.
Regulatory and Risk Considerations
It is essential for users to understand that the DIAUSDT Perpetual Contract will comply with Binance’s Terms of Use and Futures Service Agreement. Traders must be cautious of the high market risk and price volatility associated with futures trading. Binance advises users to conduct independent assessments and seek advice from financial advisers.
Stay Informed
Binance reserves the right to make changes or cancel the announcement at any time without prior notice. Users are encouraged to refer to the original English version of the announcement for the most accurate information.
For more details on the DIAUSDT Perpetual Contract, visit the official announcement on Binance’s platform. Stay updated on the latest developments in the cryptocurrency world by following Extreme Investor Network for expert insights and valuable information.
And remember, when it comes to trading cryptocurrencies, knowledge is power. Stay informed, stay ahead.