Binance Launches Ethereum Futures With Up To 50x Leverage
Binance this Friday announced the full launch of a new perpetual contract on its Binance Futures platform, which will allow users to trade the second-largest cryptocurrency by capitalization, Ethereum, paired with the USDT stablecoin..According to the announcement, the leverage for ETH contracts ranges from 1 to 50x.
ETH / USDT Futures Launched Late Last Week On Binance Futures Testnet.
Bitcoin futures contracts are currently available to users of Binance Futures with a 125x leverage cap..
According to the skew platform, Binance's Bitcoin futures trading volume in the last 24 hours was $ 1.4 billion, which makes it the fourth largest derivative exchange offering relevant contracts..
At the time of publication, Ethereum is trading around $ 154, having risen by 1% over the past 24 hours.
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