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Binance Futures Will Launch YFI USDT-Margined Perpetual Contract With Up to 50x Leverage

Binance
2020-08-31 03:04
Fellow Binancians,
Binance Futures will launch a YFI/USDT perpetual contract, with trading opening at 2020/08/31 7:00 AM (UTC). Users will be able to select between 1-50x leverage. The YFI/USDT perpetual contract is a USDT-margined futures contract that uses USDT as collateral.
Further information:
Risk warning: Futures trading is a highly risky endeavor, with the potential for both great profits and significant losses. Please be aware that in the event of extreme price movement, there is a chance that all margin balance in your futures wallet may be liquidated.
Thanks for your support!
Binance Team
2020/08/31
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