Binance Will Add Its Newly Listed Altcoin to Futures Trading!
Binance, the world's largest cryptocurrency exchange, is launching futures trading for the newly listed altcoin.
In a statement on its official blog site on May 16, Binance announced that it will launch Tether (USDT) margin futures transactions with up to a maximum leverage of 50x for Notcoin (NOT), which was listed on the exchange today and opened the board with 46x.
According to the statement made by Binance, the NOTUSDT contract will be opened for trading on May 16 at 17.00 CET.
Binance stated that funding rates may initially vary between a maximum of -2% and +2%, and funding fees will be updated every 4 hours. The post also emphasized that funding rates, maximum leverage and minimum transaction limit may change from time to time depending on market conditions.
According to CoinGecko data, NOT is trading at $0.0111 at the time of writing.
Shares are for informational purposes only and are not investment advice.
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