Binance, the world's largest cryptocurrency exchange, is set to list a new altcoin futures option.
Binance announced today on its official blog that it will be launching Tether (USDT) margined futures with up to 75x leverage for the altcoin Vana (VANA) it listed today.
According to the statement made by Binance, the VANAUSDT contract will be available for trading on December 16 at 16:30 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.
VANA was listed on Binance as of 14:30 GMT today after announcing its airdrop distribution.
Stay tuned for new information
