Binance is launching the KDAUSDT perpetual futures contract today. The contract offers traders high-yielding opportunities with up to 75x leverage. However, Binance urged users to be careful about the risks associated with leveraged trading.
Binance, one of the world’s largest cryptocurrency exchanges, is adding a new altcoin to its futures platform. The KDAUSDT perpetual futures contract will begin trading on September 18, 2024 at 16:30 GMT. With this contract, investors will be able to make leveraged transactions between Kadena (KDA) and Tether (USDT). With this new contract, users will have the opportunity to earn more from market movements or manage their risks.
One of the key advantages of the KDAUSDT futures contract is its high leverage. With 75x leverage, users can make big profits even from small price movements. However, using high leverage also carries high risk.
This contract will be traded with USDⓈ-margin, meaning profits and losses will be calculated in USDT. Also, an important detail of the new contract is the funding fee; initially the funding rate will be the standard +/- 2.00 percent, and this fee will be charged every four hours.
Following Binance’s announcement, the price of KDA rose rapidly; the altcoin rose by over 27 percent to above $0.6419, according to CoinMarketCap data. However, Binance warned its users to be careful with leveraged trading. High leverage increases potential gains but also increases the risk of loss. Therefore, users are advised to follow market trends carefully and act strategically.
This new investment option offered by Binance could present a great opportunity, especially for experienced investors who apply risk management strategies correctly.
FOR THE GIFT OF 10 DOLLARS PLEASE READ CAREFULLY.
My friends, you know that we, the publishers, are doing everything we can for you here. We are conveying to you the services and conveniences that our authorities have provided us. I have never withdrawn my support for both the cryptocurrency market and you, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE ESPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION OF WHAT I HAVE SAID ABOUT THIS ISSUE BY CALLING LIVE HELP. IT IS A 10 DOLLAR CAMPAIGN MADE FOR YOU THROUGH ME.
Now I will explain how you will receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who can benefit?
Our friends who have not yet activated the futures section, when you activate your FUTURES transaction section, you will earn $10 when you open it by entering my 88623008 reference code.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become Binance members without a reference, please listen carefully;
When you do what I say in order, you will receive 10 USDT.
Go to the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward until MAY 1 can do so. Afterwards, after activating your account, it is enough to open your first futures transaction.
The first 1,000 brothers who open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this; even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
Even if you do this after May 1st, your reward will not come. So, do it until May 1st. In fact, I would say do it right now in 5 seconds.
It's very simple. Go to futures, enter my 88623008 referral code and activate the account. Then just open a transaction of 200 usdt in total and get the 10 usdt reward.
WHEN WILL THE REWARD COME?
Your $10 reward will come to the REWARDS section of your Binance application within 30 days from May 1. By activating it from there, you can use your $10 reward, or more than 300 lira, in futures transactions.
You can share this post with your friends in need so that they can also benefit from it.
IN THE MEANWHILE, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. EVEN IF YOU HAVEN'T FOLLOWED US YET, DON'T FORGET TO FOLLOW US. WITH MY REGARDS.
