BINANCE ADDED FOUR TRADITIONAL-MARKET FUTURES CONTRACTS — WHAT DOES THAT MEAN?
Binance Futures announced four new USDT-settled perpetual contracts on October 26:
🔹 EIDO — iShares MSCI Indonesia ETF
🔹 EQT — EQT Corporation
🔹 STM — STMicroelectronics
🔹 ABBV — AbbVie
The contracts were scheduled to launch between 09:00 and 09:15 UTC on October 26 — so these are already-published launches, not upcoming listings.
Here’s the beginner takeaway: these contracts let eligible users trade price movements linked to traditional-market assets without owning the underlying shares or ETF. Binance’s announcement listed maximum leverage of up to 20x.
This is leveraged derivatives trading, not the same as buying shares. Leverage magnifies losses as well as gains, and contract availability can vary by region.
Question: Would you rather learn how crypto spot trading works first, or understand how TradFi perpetuals work?
Source: https://www.binance.com/en/support/announcement/detail/02d204fc963f4f8687599fc22a13d538
#Binance #CryptoEducation #TradFi #FuturesTrading #Royalstradings
Binance Futures announced four new USDT-settled perpetual contracts on October 26:
🔹 EIDO — iShares MSCI Indonesia ETF
🔹 EQT — EQT Corporation
🔹 STM — STMicroelectronics
🔹 ABBV — AbbVie
The contracts were scheduled to launch between 09:00 and 09:15 UTC on October 26 — so these are already-published launches, not upcoming listings.
Here’s the beginner takeaway: these contracts let eligible users trade price movements linked to traditional-market assets without owning the underlying shares or ETF. Binance’s announcement listed maximum leverage of up to 20x.
This is leveraged derivatives trading, not the same as buying shares. Leverage magnifies losses as well as gains, and contract availability can vary by region.
Question: Would you rather learn how crypto spot trading works first, or understand how TradFi perpetuals work?
Source: https://www.binance.com/en/support/announcement/detail/02d204fc963f4f8687599fc22a13d538
#Binance #CryptoEducation #TradFi #FuturesTrading #Royalstradings