Binance Futures Introduces HIPPOUSDT and 1000XUSDT Perpetual Contracts with 75x Leverage

Binance Futures is ready to broaden its buying and selling choices with the introduction of two new perpetual contracts: HIPPOUSDT and 1000XUSDT. These contracts, launching on November 13, 2024, at 12:30 UTC, will present merchants with leverage choices of as much as 75x, in line with binance.com.

Enhanced Buying and selling Choices

The launch of those perpetual contracts goals to boost the buying and selling expertise by broadening the spectrum of choices accessible to customers on Binance Futures. The HIPPOUSDT contract corresponds to the “sudeng” token, whereas the 1000XUSDT contract is related to “X Empire.” Each contracts have particular contract addresses for verification, guaranteeing transparency and belief within the buying and selling course of.

Contract Specs

The utmost funding fee for these contracts at launch is ready at +2.00% / -2.00%, with funding charges settled each 4 hours. Binance has said that the specs, together with funding charges, tick measurement, and leverage limits, could also be adjusted based mostly on market threat circumstances.

Multi-Belongings Mode

These new contracts will help Binance’s Multi-Belongings Mode, permitting merchants to make the most of a number of margin property, reminiscent of Bitcoin, to commerce these contracts. This characteristic gives flexibility in managing and optimizing buying and selling methods.

Phrases and Situations

As with all Binance Futures merchandise, these contracts are topic to the platform’s Phrases of Use and the Binance Futures Service Settlement. Merchants are urged to assessment these phrases fastidiously and take into account the inherent dangers of futures buying and selling.

Binance continues to innovate and broaden its futures choices, offering merchants with numerous choices to go well with numerous buying and selling methods and threat appetites.

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