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Binance Will Launch a FIL/USD Coin-Margined Perpetual Contract With Up to 50x Leverage

2020-10-22 05:33
Fellow Binancians,
Binance Futures will launch a FIL/USD coin-margined perpetual contract with trading opening at 2020/10/23 7:00 AM (UTC). The FIL/USD coin-margined perpetual contract is a futures contract that uses FIL as collateral. Users will be able to select between 1-50x leverage.
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
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