Futures Will Launch USDⓈ-M GLM Perpetual Contract With Up to 50x Leverage 2024-02-22 04:05 Fellow Binancians,
To expand the list of trading choices offered on Binance Futures and enhance users’ trading experience, Binance Futures will launch the USDⓈ-M GLM Perpetual Contract at 2024-02-22 10:00 (UTC), with up to 50x leverage.
More details on the USDⓈ-M GLM Perpetual Contract can be found in the table below:
USDⓈ-M Perpetual Contract
GLMUSDT
Launch Time
2024-02-22 10:00 (UTC)
Underlying Asset
Golem (GLM)
Settlement Asset
USDT
Tick Size
0.0001
Capped Funding Rate
+2.00% / -2.00%
Funding Fee Settlement Frequency
Every Four Hours
Maximum Leverage
50x
Trading Hours
24/7
Multi-Assets Mode
Supported
Please Note:
The maximum funding rate of the GLMUSDT Perpetual Contract at the time of launch is +2.00% / -2.00%.
The funding fee settlement frequency is every four hours.
Time
Max Funding Rate
2024-02-22 12:00 (UTC)
+2.00% / -2.00%
2024-02-22 16:00 (UTC)
+2.00% / -2.00%
2024-02-22 20:00 (UTC)
+2.00% / -2.00%
2024-02-23 00:00 (UTC)
+2.00% / -2.00%
…
…
Qualified USDⓢ-margined futures liquidity providers will be eligible to enjoy 0.005% maker fee rebates for trades on the GLMUSDT Perpetual Contract for approximately 14 to 15 days. Refer to this announcement for more information.
Based on market risk conditions, Binance may adjust the specifications of the GLMUSDT Perpetual Contract from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
Multi-Assets Mode allows users to trade the GLMUSDT Perpetual Contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the GLMUSDT Perpetual Contract.
The GLMUSDT Perpetual Contract is subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.
🚗 Elon Musk Almost Sold Tesla To Google for $11 Billion — But He Called The Deal Off When He 'No Longer Needed A Savior' After Sales Surged .
Hey Crypto Fam! 🌟 Buckle up for the rollercoaster ride that almost changed the auto game! 🎢 Elon Musk spilled the beans on how Tesla dodged a bullet when Google was about to swoop in for a cool $11 billion rescue mission. 😱
Picture this: Tesla, the cool electric car company, was in a tight spot in 2013. Bugs in cars, sales plunging, and Elon realizing he might need a superhero. 🦸♂️ In comes Larry Page, Google co-founder and pal, ready to drop $6 billion to save the day!
🔧 Fast forward, Elon fired some execs, shuffled the team, and voila! Tesla started soaring, posting a profit of $11 million. Suddenly, Elon didn't need Google's cape anymore – he was his own superhero! 🚀
While Google went on to create Waymo, Tesla kept cruising, conquering Europe, the UK, and Australia. 🌍 Vance's biography spills the tea on the plot twist that kept Tesla in the driver's seat. 📚
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Amidst market discussions on the approval of the spot Bitcoin ETF, the SEC issued a mocking statement regarding the rush of individuals embracing digital assets. The regulatory authority took to planform X and published a detailed report on Saturday warning investors to say no to “FOMO” of “digital assets”
Will Shiba Inu (SHIB) beat the market cap of Dogecoin (DOGE)? Analysts reckon Retik Finance (RETIK) will do that instead
In the dynamic world of cryptocurrencies, the race to the top is ever-changing. Shiba Inu (SHIB) and Dogecoin (DOGE), two of the most popular meme coins, have been in a neck-and-neck battle in terms of market capitalization. However, analysts are now shifting their focus to a new contender – Retik Finance (RETIK), which they believe has the potential to not just compete but surpass the market caps of both SHIB and DOGE.
Bitcoin dips 1.5% ahead of next week’s expected decision on spot ETF: CNBC Crypto World CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Noelle Acheson, author of the Crypto is Macro Now newsletter, discusses what was behind crypto’s turbulent start to 2024.
pls support me let's stay tuned and happy together ❤️
A trader has made a bold bet of $379,000 on the likelihood of a Bitcoin Exchange-Traded Fund (ETF) being approved, a move that underscores their strong belief in a positive outcome. This bet, predicated on an 80% chance of success, shines a light on the intense focus and speculation regarding the regulatory future of Bitcoin ETFs.
The trader’s decision is a clear indicator of optimism about the SEC’s forthcoming decision on these ETFs. The high probability attached to the approval underscores a perceived favorable regulatory climate for these financial products. The approval of Bitcoin ETFs is a hot topic in the crypto world, with many viewing it as a key step towards the broader acceptance and integration of Bitcoin into conventional finance.
🔍 The Shiba Inu community is facing a critical situation with a surge in false claims and deceptive tokens infiltrating the ecosystem. 🚷 Official sources, including Davinci and RagnarShib from the Shiba Inu Discord channel, have issued urgent warnings against these scams.
🚫 Unauthorized Tokens: "TREAT" and "SHI" - A Clear Warning from Shiba Inu Team!
The Shiba Inu team explicitly states that unauthorized tokens named "TREAT" and "SHI" have not been officially launched. Attempting to purchase these tokens is a scam and poses a significant risk.
🛑 Buying these fake tokens will not grant access to Shiba Inu ecosystem projects like SHIB The Metaverse, Shiba Eternity, or ShibaHub, nor connect users to official decentralized applications (dApps) like Shib.io.
💡 Key Warnings from Lucie, Shiba Inu Team Member: Stay Vigilant!
Lucie, a member of the Shiba Inu team, reiterates the warnings, emphasizing that the real TREAT token has not been released. The community is urged to stay vigilant against impersonators and scammers who may create fake accounts, spread false information, redirect users to fraudulent websites, or attempt to steal personal information.
Amidst these cautionary messages, there's a glimmer of hope. Shibarium, the Layer 2 scaling solution for Shiba Inu, has surpassed 250 million total transactions within a year of its launch. 🎉 This milestone reflects the growing adoption and potential of this innovative technology.
🛡️ Stay Informed, Stay Safe: Defend the Shiba Inu Community!
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