Binance Futures, the derivatives division of the world’s largest crypto alternate, has introduced the upcoming launch of its new USD everlasting contracts, additional increasing the vary of its buying and selling merchandise.
Binance futures to begin OGUSDT perpetual contracts with as much as 50x leverage on Could twelfth
In accordance with an official announcement from Binance, the brand new everlasting contract might be launched at 12:00 UTC on Could twelfth, permitting merchants to commerce positions with as much as 50 instances the leverage.
The OGUSDT pair is pinned to OG Fan Token, a well-liked fan-based digital asset, and exchanged for USDT, making it accessible to a variety of retail {and professional} buyers.
Essential particulars:
- Begin date: Could 12, 2025, 12:00
- Leverage: As much as 50x
- Margin Sort: USDâ“¢ Margin
- Mortgage charge restrict: ±2.00
- Monetary payment fee: Each 4 hours
- Copy transaction availability: Inside 24 hours after launch
The contract additionally qualifies for the futures copy characteristic, which permits customers to repeat the methods of the best-performing merchants on the platform.
Binance emphasised that the funding charge for the OGUSDT contract might be restricted to ±2.00%, and the funding payment might be paid each 4 hours and according to the usual practices of the brand new itemizing platform.
The launch displays Binance’s continued efforts to diversify the rising demand for buying and selling pairs related to fan tokens, which noticed renewed curiosity amid the rising interplay between sports activities golf equipment and the blockchain ecosystem.
*This isn’t funding recommendation.
