Crypto:
34187
Bitcoin:
$86.629
% 1.58
BTC Dominance:
%60.5
% 0.12
Market Cap:
$2.83 T
% 1.36
Fear & Greed:
47 / 100
Bitcoin:
$ 86.629
BTC Dominance:
% 60.5
Market Cap:
$2.83 T

Binance Futures Lists Six New Coins!

Binance

Binance Futures is launching new perpetual contracts to enhance user experience and offer more options for traders. These new contracts will allow up to 25x leverage, enabling traders to open larger positions with smaller capital, though this also increases the risks involved.

Initially, the TUTUSDT and BIDUSDT contracts will start trading on March 20, 2025. Following these, the BROCCOLI714USDT, BROCCOLIF3BUSDT, SIRENUSDT, and BANANAS31USDT contracts will be available on March 21 and 22, respectively. With the launch of these new contracts, Binance aims to provide its users with more flexibility and diverse strategies in the crypto market.

New Contracts and Details

  • TUTUSDT (Tutorial)
  • BIDUSDT (CreatorBid)
  • BROCCOLI714USDT (CZ’s Dog – broccoli.gg)
  • BROCCOLIF3BUSDT (Broccoli – firstbroccoli.com)
  • SIRENUSDT (Siren)
  • BANANAS31USDT (Banana For Scale)

These contracts will be available for trading 24/7 and offer up to 25x leverage. Additionally, the funding rate for these contracts will be updated every four hours, set at +2% / -2%.


Binance Futures (Futures Trading) Click Here to Trade with a 10% Discount!


Things to Watch Out for in the Market

With the launch of these new contracts, high volatility and short-term price movements will require traders to stay vigilant. Cryptocurrency markets typically experience more volatility compared to other financial markets. Therefore, it is crucial for users to carefully analyze market conditions before engaging in leveraged trading to minimize risks. Binance provides regular education and updates on trading rules and platform usage for investors.

By offering more options in the crypto derivatives market, Binance aims to help its users better manage both risks and potential profits. However, each trader should develop strategies suited to their risk profile and only invest an amount they are willing to lose.

READ:  Binance Faces Major Legal Setback in SEC Case

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