#Binance Futures, a prominent player in the cryptocurrency sector, is poised to enhance its offerings with the introduction of a new product.
As of Oct. 15, Binance Futures has enabled crypto traders to tap into a new financial instrument, which allows for trading leverage up to a reported 50 times.
According to Binance, the BOND/USDT Perpetual Contract, backed by the BarnBridge (BOND) token as its underlying asset and having Tether (USDT) as its settlement asset, presents a new opportunity for crypto enthusiasts. It operates 24/7, ensuring continuous trading availability for its users.
The contract also comes with a tick size of 0.001 and a capped funding rate of +2.00% or -2.00%, with funding fee settlements set to occur every four hours.
