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Key Features of the Perpetual Contract

The LOKAUSDT contract offers traders the opportunity to maximize their positions with advanced tools, including up to 75x leverage. The contract is based on **League of Kingdoms Arena (LOKA), with USDT as the margin asset. Funding fees are settled every four hours, while the tick size of 0.00001 ensures precise execution.

Funding Rates and Leverage

With funding rates capped at +2.00% / -2.00%, this contract helps traders manage their assets without facing excessive volatility in funding fees. Although Binance advises caution due to the associated risks, the 75x maximum leverage allows seasoned investors to significantly amplify their potential returns.

Multi-Asset Mode Support

One standout feature of this contract is its support for Binance’s Multi-Asset Mode, which allows traders to use various collateral assets, such as Bitcoin (BTC), to back their LOKAUSDT positions. This flexibility sharpens trading strategies and boosts capital efficiency.

For more details, please visit Binance’s official announcement page.

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The post Binance Announces 75x Leveraged LOKAUSDT Contract appeared first on Coin Engineer.