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The cryptocurrency exchange giant Binance is unveiling an exciting update on its futures platform. Binance Futures announced the listing of BSV (Bitcoin SV) with a 50x leverage during its launch on October 20, 2023, at 15:30.
This development presents new and diverse opportunities for cryptocurrency investors, while standing out with the powerful infrastructure and broad user base of the Binance Futures platform.
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Details on USDⓈ-M BSV Perpetual Contract:
- Leverage Options: The BSVUSDT Perpetual Contract will offer users the opportunity to leverage up to 50x.
- Maximum Funding Rate: It will have a +2,00% / -2% maximum funding rate at launch, providing flexibility to investors.
- Funding Fee Calculation Frequency: Funding fees will be paid every four hours to keep users’ accounts up to date.
Binance Futures reserves the right to update the features of the BSVUSDT Perpetual Contract depending on market conditions. These updates may include adjustments in funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements.
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