One of the leading cryptocurrency exchanges in the world, Binance, has announced the launch of MOCA futures on its Futures platform.
Binance Futures will introduce USDⓈ-margined MOCA/USDT perpetual futures contracts with a 75x leverage option.
This innovation presents a great opportunity for both leverage traders and MOCA/USDT investors.
Trading will begin on December 16, 2024, at 10:30 UTC, allowing users to access up to 75x leverage.
MOCA Launching Details
- Leverage: Up to 75x.
- Maximum Funding Rate: +2.00% / -2.00% at launch.
- Funding Fee Settlement: Every four hours.
Users will have the flexibility to trade 24/7, and the funding rates are updated every four hours, helping investors manage their risks more effectively.
Additionally, with MOCA’s multi-asset mode, users can use not only USDT but also other assets like BTC as collateral.
Binance Futures has stated that this new contract may be updated periodically based on market conditions.
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