Binance Futures announced that it will list JTO with 50x leverage!

Binance Futures announced that it will launch the USDⓈ-M JTO Perpetual Contract with up to 50x leverage on December 8, 2023, at 10:00 (UTC).

During the launch of the JTO/USDT Perpetual Contract, the maximum funding rate is set at +%2.00 / -%2.00, and the funding fee is paid every four hours.

Binance Futures also revealed that qualified liquidity providers will enjoy a 0.005% maker fee discount for their transactions on the JTO/USDT Perpetual Contract for a period of 14 to 15 days. Features such as funding fee, approval size, maximum leverage, initial margin, and/or maintenance margin requirements for the JTO/USDT Perpetual Contract may be adjusted by Binance over time based on market risk conditions.

The Cross Collateral Mode allows users to trade the JTOUSDT Perpetual Contract among various margin assets, providing an opportunity to benefit from existing discount advantages. For instance, with Cross Collateral Mode active, users can trade the JTO/USDT Perpetual Contract using BTC as margin.

https://coinengineer.net/a-new-listing-from-binance/

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