Binance, the world's largest cryptocurrency exchange, is set to list a new altcoin futures option.
Binance announced today on its official blog site thatin the statementannounced today that it will be launching Tether (USDT) margined futures with up to 75x leverage for its listed altcoin Movement (MOVE).
According to the statement made by Binance, the MOVEUSDT contract will be available for trading on December 9th at 17:00 CET.
Binance stated that funding rates will initially range from a maximum of -2.00% to +2.00% every 4 hours, but funding rates, maximum leverage, and minimum trading limit may change from time to time depending on market conditions.
MOVE was listed on Binance and other major exchanges simultaneously.