🚨 Binance Adds New CTUSDT Perpetual Contract — Up to 20x Leverage!
Binance Futures announced today that it has launched the CTUSDT perpetual contract, based on Concrete (CT), with up to 20x leverage. The contract went live on October 1 at 07:45 UTC and uses USDT as the settlement asset. Binance also states that the contract trades 24/7.
Why it matters:
The launch gives Binance Futures users another way to trade CT with leverage. However, leveraged perpetual contracts carry substantially higher liquidation risk, so traders should understand funding, leverage and liquidation mechanics before trading.
Binance Futures announced today that it has launched the CTUSDT perpetual contract, based on Concrete (CT), with up to 20x leverage. The contract went live on October 1 at 07:45 UTC and uses USDT as the settlement asset. Binance also states that the contract trades 24/7.
Why it matters:
The launch gives Binance Futures users another way to trade CT with leverage. However, leveraged perpetual contracts carry substantially higher liquidation risk, so traders should understand funding, leverage and liquidation mechanics before trading.