{"id":27194,"date":"2024-08-20T12:51:58","date_gmt":"2024-08-20T09:51:58","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=27194"},"modified":"2024-08-20T12:51:58","modified_gmt":"2024-08-20T09:51:58","slug":"binance-launches-50x-leverage-voxel-usdt-contracts","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/binance-launches-50x-leverage-voxel-usdt-contracts\/","title":{"rendered":"Binance Launches 50x Leverage VOXEL\/USDT Contracts"},"content":{"rendered":"<p>Binance Futures has announced the launch of new <strong>VOXEL\/USDT<\/strong> perpetual contracts, scheduled to go live on August 20, 2024. These contracts will offer traders the opportunity to leverage their positions up to 50x, enabling them to amplify their potential returns in the volatile cryptocurrency market.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/binance-launches-50x-leverage-voxel-usdt-contracts\/#Key_Features_of_the_VOXELUSDT_Perpetual_Contracts\" title=\"Key Features of the VOXEL\/USDT Perpetual Contracts\">Key Features of the VOXEL\/USDT Perpetual Contracts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/binance-launches-50x-leverage-voxel-usdt-contracts\/#Implications_for_Traders\" title=\"Implications for Traders\">Implications for Traders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/binance-launches-50x-leverage-voxel-usdt-contracts\/#Market_Context\" title=\"Market Context\">Market Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/binance-launches-50x-leverage-voxel-usdt-contracts\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Features_of_the_VOXELUSDT_Perpetual_Contracts\"><\/span>Key Features of the VOXEL\/USDT Perpetual Contracts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>High Leverage:<\/strong> Traders can greatly expose themselves to <strong>VOXEL<\/strong>, a digital asset linked with the <strong>Voxies<\/strong> gaming ecosystem, using up to 50x leverage. Though it increases risk, high leverage lets one maximize possible earnings. Traders should be careful and make sure they have a strong risk-reducing plan.<\/p>\n<p><strong>Settlement in USDT:<\/strong> These contracts are USD\u24c8-margined, hence they will be settled in Tether (USDT). Since USDT is a stablecoin linked to the US dollar, thereby lowering the volatility related to other cryptocurrencies, this offers traders a consistent and predictable margin need.<\/p>\n<p><strong>Accessibility and Liquidity:<\/strong> VOXEL\/USDT perpetual contracts on Binance Futures are supposed to improve the liquidity and accessibility of the <strong>VOXEL<\/strong> token, therefore enabling more traders to take part in the market. Strong infrastructure and wide liquidity pools at Binance guarantee that traders may carry out big orders with low slippage.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Implications_for_Traders\"><\/span>Implications for Traders<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>One major addition to Binance&#8217;s array of derivative products is the <strong>VOXEL\/USDT<\/strong> perpetual contract offering. By assuming long or short positions, traders can profit from market fluctuations in <strong>VOXEL<\/strong>, regardless of their inclination\u2014positive or negative. Nonetheless, traders have to be careful of the dangers associated with the great leverage since the possibility of gains and losses is enhanced.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Context\"><\/span>Market Context<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These contracts&#8217; arrival coincides with an explosion of interest in NFTs and blockchain-based games. The gaming platform connected with <strong>VOXEL<\/strong>, <strong>Voxies<\/strong>, has attracted interest for its special fusion of blockchain technology and classic game components. Assets like <strong>VOXEL<\/strong> are becoming more popular as the gaming industry keeps interacting with blockchain; also, the availability of leveraged trading instruments will probably draw both institutional and individual investors.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Starting <strong>VOXEL\/USDT<\/strong> perpetual contracts on Binance Futures would give traders fresh chances to interact with the fast-expanding blockchain gaming industry. These contracts give a versatile and maybe profitable trading choice with great leverage and USDT security of payment. Before starting leveraged trading, traders are advised to do extensive research and approach these products with caution.<\/p>\n<p>For more information and to participate in the trading of these new contracts, users can visit <a href=\"https:\/\/www.binance.com\/en\/square\/post\/2024-08-20-binance-futures-to-launch-voxel-1-50x-usdt-perpetual-contracts-on-august-20-2024-12417324571657\">Binance\u2019s official announcement page<\/a> or contact their support team.<\/p>\n<p><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.binance.com\/en\/futures\/ref?code=indirimli\">Click here<\/a> <\/span>to sign up for Binance Futures with Coin Engineer credentials and reap the rewards!<\/p>\n<p>&nbsp;<\/p>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/strong><\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for\u00a0<\/em><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a> and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance Futures has announced the launch of new VOXEL\/USDT perpetual contracts, scheduled to go live on August 20, 2024. These contracts will offer traders the opportunity to leverage their positions up to 50x, enabling them to amplify their potential returns in the volatile cryptocurrency market. Key Features of the VOXEL\/USDT Perpetual Contracts High Leverage: Traders<\/p>\n","protected":false},"author":6,"featured_media":27197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[22,7972,7973,7974],"class_list":["post-27194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-binance","tag-voxel","tag-voxies","tag-voxies-voxel"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance Launches 50x Leverage VOXEL\/USDT Contracts - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/binance-launches-50x-leverage-voxel-usdt-contracts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance Launches 50x Leverage VOXEL\/USDT Contracts - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Binance Futures has announced the launch of new VOXEL\/USDT perpetual contracts, scheduled to go live on August 20, 2024. 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