Listing News from Binance Exchange.

In an effort to improve user trading experience and provide a wider range of options, #Binance announced the launch of USDC margin perpetual contracts for popular cryptocurrencies such as #Ethereum (ETH), #Solana (SOL), and XRP. These new trading pairs with up to 125x leverage will begin trading on January 3, 2024 at 15:30. This move comes on the heels of Binance recently adding XRP and ADA trading pairs against USDC. It also demonstrates the strategic moves of the platform and the significant return of the stablecoin to its ecosystem.

“Binance Futures launches BTC, ETH, BNB, SOL and XRP perpetual contracts with up to 125x USDC margin.”

For the launch, Binance Futures is offering a promotional 10% trading fee discount on all transactions within the specified period. The promotion period is from 3 January 2024 at 15:30 to 3 April 2024 at 15:30. For users who choose to pay trading fees with BNB on the Binance Futures platform, the 10% promotional trading fee discount for USDC secured futures contracts will provide an additional benefit in addition to the existing 10% BNB fee discount. This double discount provides added value to BNB users, encouraging more interaction with new trading pairs.

The expansion of trading pairs and the reintroduction of USDC come at a time when #Binance is facing increased regulatory scrutiny. Ongoing investigations by the US Department of Justice (DOJ) and the SEC create an atmosphere of uncertainty. This situation caused the exchange to make strategic decisions to ensure compliance with the legislation. Investors and enthusiasts will closely follow how these developments develop in the coming months.
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