Binance is expanding its suite of derivatives products with the introduction of a new perpetual futures contract based on Civic (CVC), a move that aligns with the platform’s broader strategy to diversify its futures offerings and meet growing user demand.
Starting today, traders are able to access the CVC/USDT perpetual contract, which will support leverage of up to 75x. The product is margined in stablecoins, part of Binance’s USDⓈ-margined series, allowing for more stable and flexible trading conditions.
The CVC futures product will also be made available through Binance’s Copy Trading platform. This feature lets users mirror the positions of experienced traders, offering newcomers a way to participate without developing complex strategies themselves.
Funding for the CVC contract will operate on a four-hour cycle, with the rate initially capped at +2.00% and -2.00%. The exchange noted this is subject to change based on market conditions and liquidity.
Binance’s latest addition highlights its ongoing push to stay ahead in the competitive derivatives space, where users are increasingly seeking specialized contracts for a wider variety of digital assets.
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