Binance Futures announced the launch of the TROYUSDT perpetual contract, offering investors 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 TROYUSDT Perpetual Contract:
- Launch Date: October 31, 2024
- Underlying Asset: Troy (TROY)
- Settlement Asset: USDT
- Maximum Leverage: 75x
- Funding Rate Limits: +2.00% / -2.00%
- Funding Fee Settlement Frequency: Every four hours
Troy Coin is a blockchain-based cryptocurrency developed to provide infrastructure for global digital asset trading. The Troy platform aims to combine decentralized finance (DeFi) and traditional finance (TradFi) tools, enabling users to access advanced financial services such as multi-exchange management, asset tracking, liquidity optimization, and risk control.
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Although the TROY/USDT pair listing for leveraged trading has generated excitement among users, it’s important for users to manage their own risk, as new listings in leveraged trading can be highly volatile.
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