Binance Futures to List This Altcoin with Up to 50x Leverage!

Binance Futures announced it will list MYRO/USDT with up to 50x leverage and 1000PEPE/USDC. Aimed at enriching the Binance user experience and diversifying trading options, as of 08:30 (UTC) on March 5, 2024, it will start offering leverage of up to 50 in the USDⓈ-M series for MYRO/USDT, 1000PEPE/USDC Perpetual Contract.

With the launch of the MYRO/USDT and 1000PEPE/USDC Perpetual Contracts, the maximum funding rate has been set at +2.00% / -2.00%. Funding payments will be made every four hours.

Liquidity providers able to trade futures with a USDⓈ margin will benefit from a 0.005% maker fee discount for approximately 14 to 15 days on their transactions executed on the MYRO/USDT and 1000PEPE/USDC Perpetual Contract.

Binance may update features such as the funding fee, order size, maximum leverage, initial margin, and maintenance margin related to the MYRO/USDT and 1000PEPE/USDC Perpetual Contract, depending on market risks.

Thanks to the Multi-Asset Mode, users have the flexibility to trade on the MYRO/USDT and 1000PEPE/USDC Perpetual Contracts using multiple margin assets. When this mode is activated, other assets like BTC can be used as Margin for trades.

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