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Are you ready to explore the latest trading options in the world of cryptocurrency? Binance Futures is making a big move by launching the USDⓈ-margined RPL perpetual contract with up to 75x leverage. This new offering will provide traders with enhanced trading options and opportunities for higher returns.
What You Need to Know
Starting on September 9, 2024, at 12:30 UTC, Binance Futures will introduce the RPLUSDT perpetual contract with key features such as a maximum funding rate of +2.00% / -2.00% and funding fee settlements every four hours. It’s important to note that Binance may adjust the contract specifications based on market conditions to manage risk effectively.
Multi-Assets Mode for Greater Flexibility
Traders can take advantage of the Multi-Assets Mode to trade the RPLUSDT perpetual contract using different margin assets, with Bitcoin (BTC) being one example. This feature offers greater flexibility and allows traders to diversify their portfolios effectively.
Ensuring Compliance and Managing Risk
When trading the new perpetual contract, users must adhere to Binance’s Terms of Use and Futures Service Agreement to ensure compliance. It’s crucial to understand the risks involved in futures trading, including market volatility and price fluctuations. Traders should assess their own objectives and circumstances before engaging in such transactions.
Stay Informed with Extreme Investor Network
At Extreme Investor Network, we provide valuable insights into the latest developments in the cryptocurrency market. Our goal is to equip traders with the information they need to make informed decisions and maximize their trading potential. Be sure to check out the official Binance announcement page for more details on the USDⓈ-margined RPL perpetual contract.
Join us at Extreme Investor Network to stay ahead of the curve in the world of cryptocurrency trading. Let’s navigate the exciting opportunities together!
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