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📅 July 3, 7:00 – July 9,
Binance announced that the Futures Trading Platform has listed a new altcoin trading pair with 50x leverage! Here are the details.
Binance Futures announced the launch of a new USDⓈ margined perpetual contract for LA/USDT, which will go live on June 5, 2025, at 12:00. This move is part of Binance's efforts to diversify trading options and enhance user experience on the futures platform.
Binance Futures will launch the LA/USDT perpetual contract with leverage up to 50x on June 5.
Basic Details of the LA/USDT Continuous Contract
Launch Time: June 5, 2025, 12:00 PM
Leverage: up to 50x
Collateral Type: USDⓈ-Margin ( settled in USDT )
Funding Rate Upper Limit: Initially ±%2.00
Funding Range: Every 4 hours
The contract will also be eligible for Futures Copy Trading within 24 hours after it is launched, allowing users to follow and copy the trading strategies of the best investors. For more information, you can check Binance's Futures Copy Trading FAQ section.
Binance users can use the Multi-Asset Mode to trade LA/USDT perpetual contracts by using other assets like BTC as collateral, subject to applicable deduction rates.
Binance stated that contract features can be adjusted according to market risk conditions. These adjustments may include changes in leverage limits, funding fees, collateral requirements, and approval sizes.
The LA token is currently listed on the Binance Alpha Market, and this new derivative offering aims to deepen market participation and liquidity for the token.
The contract will be subject to Binance's Terms of Use and the Binance Futures Service Agreement.
This latest addition reflects that Binance Futures continues to expand its derivatives ecosystem and offers users more strategic tools to manage market risk and take advantage of volatility in the crypto market.
*It is not investment advice.
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