Binance's futures platform is adding a 75x perpetual contract for a new altcoin.
Binance is expanding its trading lineup with the introduction of MOCAUSDT perpetual contracts, a new product tied to the Moca Network (MOCA), offering users the opportunity to trade with leverage of up to 75x.
This new contract is linked to the verified MOCA smart contract, ensuring transparency for participants. It also includes advanced trading features such as Multi-Asset Mode, enabling users to use multiple margin assets like BTC for MOCAUSDT trades.
Settlement of funding fees will occur every four hours, with the funding rate capped at +2.00% or -2.00% during the initial phase.
Binance has highlighted its focus on market adaptability, emphasizing that key contract terms, such as maximum leverage, funding fees, and collateral requirements, may be adjusted based on prevailing market conditions.
This launch reflects Binance Futures’ commitment to broadening its offerings and improving the trading experience for its global community. The Moca Network, the centerpiece of this listing, is a blockchain project aimed at driving innovation in decentralized technology. With its addition to Binance Futures, MOCA is positioned to gain broader exposure and further integrate into the crypto ecosystem.
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