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Binance Adds Four More Stock Perpetuals With Up To 20x Leverage

Bitcoinist
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Binance Adds Four More Stock Perpetuals With Up To 20x Leverage

TL;DR Binance Futures is adding USDT-settled perpetual contracts tracking StablecoinX, Viking Therapeutics, McDonald’s and Akamai. The contracts trade 24/7 and support leverage of up to 20x. They are derivatives that track the underlying equities; buyers do not receive the actual shares. Binance is continuing to blur the line between a crypto derivatives venue and an […]

Key Takeaways

  1. TL;DR Binance Futures is adding USDT-settled perpetual contracts tracking StablecoinX, Viking Therapeutics, McDonald’s and Akamai.
  2. The contracts trade 24/7 and support leverage of up to 20x.
  3. They are derivatives that track the underlying equities; buyers do not receive the actual shares.
Read Full Article on Bitcoinist

Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.