The price of the FIDA token has surged after Binance announced that the FIDAUSDT perpetual futures contract will begin trading at 18:30 GMT today. The contract allows users to use up to 75x leverage, providing a wider range of investment opportunities.
The funding rate for the FIDAUSDT perpetual futures contract is set at ±2.00%, calculated every four hours and reflecting user positions. While high leverage offers profit potential, it also comes with corresponding risks, so investors need to be cautious and pay attention to risk management.
Following the announcement, the price of the FIDA token soared by more than 40% to $0.3297, and trading volume also increased by 277.69% to $20.52 million.
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