Binance Futures is a product of the Binance Exchange. The world’s largest crypto exchange, Binance, has officially announced the launch of a permanent futures contract for BNT, the native token of the Bancor Network.

Binance is Listing BNT on Futures Trading

The BNTUSDT perpetual contract will provide investors with the opportunity to use a maximum of 20x leverage and will become active on August 10, 2023, at 12:00 UTC.

Bancor Network is a decentralized liquidity protocol that enables users to trade tokens without intermediaries or slippage.

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The BNTUSDT perpetual contract enables you to participate in transactions involving the crypto market’s most widely used stablecoin, the USDT pairing. In comparison to traditional futures contracts, perpetual contracts lack a specific expiration date and have the potential for indefinite holding.

Moreover, perpetual contracts integrate a funding mechanism aimed at maintaining proximity between the contract price and the spot price of the underlying asset.

It’s important to note that the BNTUSDT perpetual contract operates under the terms specified in the Binance Terms of Use and the Binance Futures Services Agreement.

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