Saltık Cryptocurrency exchange Binance announced today that the COSUSDT pair will be listed in futures. Binance, which published a post on its blog site on the subject, announced that the COSUSDT pair will be listed on 30/09/2024 13:00 UTC.
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Cryptocurrency exchange Binance has been drawing attention with its recent futures listings. Following the recovery of the cryptocurrency market, the exchange, which continued its listings, announced that the COSUSDT pair will be listed in futures for the first time.
Binance, one of the leading cryptocurrency exchanges, announced that it will list the COS/USDT perpetual futures contract on September 30, 2024. This new listing will allow investors to use up to 75 times leverage to trade between Contentos (COS) and Tether (USDT). The contract will be settled in USDT with a tick size of 0.000001 USDT. Financing fees will be settled every four hours with a cap of ±2% depending on market conditions.
The listing is part of Binance’s ongoing effort to offer its users more trading options, and the COS/USDT contract will support a multi-asset mode that allows traders to use other cryptocurrencies such as Bitcoin as margin. Contract features such as financing rates and margin requirements may be adjusted based on market risks.
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