Binance Exchange Launches Ethereum Futures with Leverage up to 50x

Binance Exchange Launches Ethereum Futures with Leverage up to 50x

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A new study of Binance confirmed the likely reversal of the cryptocurrency market

Binance Exchange announced the launch of a new perpetual contract on the Binance Futures platform, which will allow users to trade Ethereum in tandem with the USDT stablecoin.

The leverage for ETH contracts is 1 to 50x.

#Binance Futures Launches ETH / USDT Perpetual Contract – Up to 50x Leverage

Also, Bitcoin futures contracts with a limit on leverage size of 125x are currently available to Binance Futures users.

At the time of publication, the second cryptocurrency by capitalization is being traded at around $ 155.

Recall, a recent study by The Block showed an increase in the market share of Binance. In March, Binance accounted for 70% of real trading volumes in the market. By July, this figure dropped to 53%, but over the past few months it has almost recovered to its previous level, reaching 67%.

Binance Exchange Launches Ethereum Futures with Leverage up to 50x

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