Saltık 
Binance Futures has announced the introduction of the SANTOSUSDT perpetual contract, offering traders the opportunity to utilize up to 75x leverage. This new addition aims to enhance the trading experience by providing access to a wider range of financial instruments.
Key Details of the Binance’s SANTOSUSDT Perpetual Contract:
- Launch Date: [To be announced]
- Underlying Asset: Santos FC Fan Token (SANTOS)
- Settlement Asset: USDT
- Maximum Leverage: 75x
- Funding Rate Caps: +2.00% / -2.00%
- Funding Fee Settlement Frequency: Every four hours
The SANTOS token is associated with Santos FC, one of Brazil’s most prominent football clubs, and is part of Binance’s Fan Token platform. The introduction of this perpetual contract allows traders to engage with the SANTOS token beyond spot trading, offering opportunities to profit from both rising and falling markets through leveraged positions.
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Please note that trading with leverage carries significant risks. It is essential to understand these risks thoroughly and to trade responsibly.
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