Binance Expands Futures Offerings With TWTUSDT Perpetual Contract Launch

#Binance , one of the leading cryptocurrency exchanges, announced today that it has launched the #TWTUSDT Perpetual Contract. The contract went live at 17:30 and offers users greater trading flexibility in the dynamic crypto market. This move marks a significant expansion of Binance's future offerings.

The TWTUSDT Perpetual Contract provides traders with 50x leverage and a maximum funding rate of +2.00% / -2.00%. Binance has implemented four hourly funding fee payments to ensure compatibility with the spot market. This approach ensures that the contract price accurately reflects the spot market price.

#Binance also noted that it retains the ability to adjust contract elements such as funding fees, tick size, leverage and margin requirements in response to market fluctuations. This flexibility allows Binance to maintain its competitive edge and adapt to ever-changing market conditions.

This strategic move by #Binance aims to offer users advanced trading opportunities in the rapidly developing crypto market. As cryptocurrencies continue to gain mainstream acceptance, Binance's expanded futures offerings may attract more investors looking for different investment options.
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