{"id":6418,"date":"2023-11-02T14:51:39","date_gmt":"2023-11-02T14:51:39","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=6418"},"modified":"2023-11-02T14:51:39","modified_gmt":"2023-11-02T14:51:39","slug":"binance-starts-futures-trading-for-this-altcoin-up-to-50x-leverage","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/binance-starts-futures-trading-for-this-altcoin-up-to-50x-leverage\/","title":{"rendered":"Binance Starts Futures Trading for This Altcoin!"},"content":{"rendered":"<p>CAKE is listed on Binance Futures! Binance initiates <strong> CAKE <\/strong> Continuous Contract in USD as of 12:45 (UTC) on 02.11.2023, offering leverage up to 50x. Additionally here are the basic information about <a href=\"https:\/\/pancakeswap.finance\/\" target=\"_blank\" rel=\"noopener\"> CAKEUSDT <\/a> Continuous Contract:<\/p>\n<ul>\n<li style=\"color: #252525;\">Contract Name: USD\u24c8-M Perpetual<\/li>\n<li style=\"color: #252525;\">Contract Trading Pair: CAKEUSDT<\/li>\n<li style=\"color: #252525;\">Start Date: 2023-11-02, 12:45 (UTC)<\/li>\n<li style=\"color: #252525;\">Maximum Leverage: 50x<\/li>\n<li style=\"color: #252525;\">Trading Hours: 24\/7<\/li>\n<li style=\"color: #252525;\">Multi-Asset Mode: Supported<\/li>\n<\/ul>\n<p>Please note that initially the maximum funding rate of <strong>CAKE<\/strong> Continuous Contract has been set as <strong>+2.00% \/ -2.00%<\/strong> and funding fees will be calculated every four hours. This applies to all other assets traded on this exchange.<\/p>\n<blockquote><p>You might like: <a href=\"https:\/\/coinengineer.net\/blog\/final-days-for-45-thousand-dollar-award-binance-copy-trade-opportunity\/\"><em><strong>Last Days for $45,000 Reward Binance Copy Trade Opportunity!<\/strong><\/em><\/a><\/p><\/blockquote>\n<p>In response to market risk conditions, Binance reserves the right to periodically adjust features of the <strong>CAKEUSDT<\/strong> Continuous Contract on Binance Futures, also including funding fees, price movements, leverage limits, initial margin and maintenance margin requirements.<\/p>\n<p><strong>Multi Asset Mode<\/strong> provides flexibility to trade CAKE Continuous Contract with different collateral assets and can be used subject to the respective adjustments. For example, when Multi Asset Mode is enabled, you can use BTC as collateral while trading the CAKE Continuous Contract.<\/p>\n<hr \/>\n<p><em>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 <a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram<\/strong>,<\/a>\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CAKE is listed on Binance Futures! Binance initiates CAKE Continuous Contract in USD as of 12:45 (UTC) on 02.11.2023, offering leverage up to 50x. Additionally here are the basic information about CAKEUSDT Continuous Contract: Contract Name: USD\u24c8-M Perpetual Contract Trading Pair: CAKEUSDT Start Date: 2023-11-02, 12:45 (UTC) Maximum Leverage: 50x Trading Hours: 24\/7 Multi-Asset Mode:<\/p>\n","protected":false},"author":2,"featured_media":6417,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,11],"tags":[2311,894,2310,2312,1606,547],"class_list":["post-6418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-exchange-news","tag-50x-laverage","tag-binance-futures","tag-cake","tag-cake-laverage-trading","tag-futures-trading","tag-pancakeswap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance Starts Futures Trading for This Altcoin! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"CAKE is listed on Binance Futures! 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