Home Altcoins News Binance Futures Unveils Exciting Additions: ENA, ETHFI, and 1000BONK Perpetual Contracts Now Available with 50x Leverage!

Binance Futures Unveils Exciting Additions: ENA, ETHFI, and 1000BONK Perpetual Contracts Now Available with 50x Leverage!

Binance Futures

In a move set to shake up the cryptocurrency trading landscape, Binance Futures has just announced the launch of new perpetual contracts for ENA, ETHFI, and 1000BONK. With these exciting additions, traders can now leverage up to 50x and enjoy zero maker fees, opening up a world of possibilities for seasoned investors and newcomers alike.

Scheduled for release on May 2, 2024, at staggered intervals, these perpetual contracts are poised to redefine trading dynamics. The ENAUSDC Perpetual Contract will kick off the series at 10:00 AM, followed by the ETHFIUSDC Perpetual Contract at 10:15 AM, and finally, the 1000BONKUSDC Perpetual Contract at 10:30 AM. This phased rollout ensures a smooth transition for traders eager to capitalize on these new opportunities.

With these latest developments, Binance Futures reaffirms its commitment to providing users with a comprehensive suite of trading options and a seamless user experience. By continuously innovating and adapting to market needs, Binance Futures solidifies its position as a trailblazer in the cryptocurrency derivatives space.

As cryptocurrency trading continues to gain mainstream acceptance, platforms like Binance Futures play a pivotal role in shaping the industry’s future. With its array of offerings and user-friendly interface, Binance Futures empowers both novice and seasoned traders to capitalize on the opportunities presented by the digital asset market.

Effective immediately, users can take advantage of zero maker fees and minimal taker fees of just 0.017% for all transactions conducted in USDC margin futures contracts. This bold move by Binance Futures underscores its commitment to empowering traders with cost-effective solutions while fostering a vibrant trading ecosystem.

However, Binance is quick to note that the features of these futures contracts, including funding fees, transaction sizes, maximum leverage, and margin requirements, may undergo periodic adjustments to reflect evolving market conditions. This flexibility ensures that traders can navigate the ever-changing crypto landscape with confidence, backed by a platform that prioritizes their needs.

ENAUSDC, ETHFIUSDC, and 1000BONKUSDC Perpetual Contracts are poised to shake up the market, offering traders the potential for up to 50x leverage. But that’s not all; Binance Futures is also slashing maker fees to zero and introducing a minimal taker fee of just 0.017% for transactions made in USDC margin futures contracts, effective April 3, 2024, at 15:30.

The introduction of these perpetual contracts is a testament to Binance’s commitment to providing users with a diverse array of trading options and a seamless experience. However, it’s crucial to note that the features of these contracts, including funding fees, transaction sizes, maximum leverage, and margin requirements, may be subject to periodic adjustments based on market conditions.

Moreover, the introduction of the Multi-Asset Mode feature adds another layer of versatility to the trading experience. This innovative functionality allows users to utilize various collateral assets, subject to applicable coefficients. For instance, with Multi-Asset Mode enabled, investors can leverage BTC as collateral when trading these new perpetual contracts, offering greater flexibility and diversification.

By continuously enhancing its offerings, Binance Futures reaffirms its commitment to providing users with a diverse range of trading options and a seamless trading experience. Whether you’re a seasoned trader or just dipping your toes into the world of cryptocurrencies, these latest developments are set to revolutionize the way you approach trading.

In conclusion, the launch of USDC-backed perpetual contracts for ENA, ETHFI, and 1000BONK on Binance Futures marks a significant milestone in the evolution of cryptocurrency trading. With enhanced leverage, competitive fees, and innovative features like Multi-Asset Mode, traders have more tools at their disposal than ever before. As the crypto market continues to mature, platforms like Binance Futures are at the forefront of driving innovation and democratizing access to digital assets.

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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