Binance Futures Will Launch USDC-Margined 1000SHIB Perpetual Contract With Up to 50x Leverage
Fellow Binancians, To expand the list of trading choices offered on Binance Futures and enhance users’ trading experience, Binance Futures will launch the USDC-margined 1000SHIB Perpetual Contract at 2024-03-28 07:00 (UTC), with up to 50x leverage. More details on the USDC-margined 1000SHIB Perpetual Contract can be found in the table below: USDⓈ-M Perpetual Contract1000SHIBUSDCLaunch Time2024-03-28 07:00 (UTC) Underlying AssetShiba Inu (1000SHIB)Settlement AssetUSDCTick Size0.000001Capped Funding Rate+0.4850% / -0.4850%Funding Fee Settlement FrequencyEvery Eight HoursMaximum Leverage50xTrading Hours24/7Multi-Assets ModeSupported Please Note: Users will be eligible to enjoy a 10% promotional trading fee discount for all trades on USDC-margined futures contracts for now. Starting from 2024-04-03 12:30 (UTC), users will enjoy 0% Maker Fee and 0.017% Taker Fee for all trades on USDC-margined futures contracts. Refer to this announcement for more information. Based on market risk conditions, Binance may adjust the specifications of the aforementioned futures contract(s) from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.Multi-Assets Mode allows users to trade the aforementioned futures contract(s) across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the 1000SHIBUSDC Perpetual Contract. The 1000SHIBUSDC Perpetual Contract is subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Further Information: Trading Rules of USDⓈ-M Futures ContractsLeverage and Margin of USDⓈ-M Futures Contracts Binance Futures Fee StructureHow to Select Trading PairsFunding Rate HistoryMark Price and Price IndexMulti-Assets Mode Thank you for your support! Binance Team 2024-03-26
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The cPen Network Mining App is a game-changer in the cryptocurrency world. Seamlessly integrating mining capabilities into a user-friendly interface, it empowers individuals to participate in blockchain networks effortlessly. This innovative app leverages the processing power of devices, turning them into mining nodes, contributing to decentralized networks.
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Binance just revealed its 41st Launchpool project, NFPrompt (NFP) 🚀.
is an AI-powered User Generated Content (UGC) platform, aiming to revolutionize Web3 creator experiences. The platform's webpage goes live in five hours, right before the Launchpool starts.
Excited users can stake BNB, FDUSD, and TUSD in separate pools, farming NFP tokens over a seven-day period starting December 20, 2023, at 00:00 (UTC).
🗓️ Key Dates and Trading Pairs:
- NFP tokens list on Binance on December 27, 2023, at 10:00 (UTC). - Trading pairs: NFP/BTC, NFP/USDT, NFP/BNB, NFP/FDUSD, NFP/TUSD, and NFP/TRY. - Seed Tag applied to NFP for its unique launch status.
🚀 NFP Launchpool Insights:
- Token Name: NFPrompt (NFP) - Total Token Supply: 1,000,000,000 NFP - Launchpool Token Rewards: 110,000,000 NFP (11% of total supply) - Initial Circulating Supply: 250,000,000 NFP (25% of total supply) - Smart Contract: NFP Token (NFP) - Staking Terms: KYC required
💰 Hourly Hard Cap per User:
- 52,380.95 NFP in BNB pool - 6,547.62 NFP in FDUSD pool - 6,547.62 NFP in TUSD pool
🌐 Supported Pools & Farming Period:
- Stake BNB: 88,000,000 NFP in rewards (80%) - Stake FDUSD: 11,000,000 NFP in rewards (10%) - Stake TUSD: 11,000,000 NFP in rewards (10%) - Farming period: December 20, 2023, 00:00 (UTC) to December 26, 2023, 23:59 (UTC).
🎁 Daily Distribution of NFP Tokens:
- Total Daily Rewards: 15,714,285.71 NFP - BNB Pool Daily Rewards: 12,571,428.57 NFP - FDUSD Pool Daily Rewards: 1,571,428.57 NFP - TUSD Pool Daily Rewards: 1,571,428.57 NFP
The introduction of NFPrompt (NFP) via Binance Launchpool sparks excitement in the crypto community, promising an AI-driven platform for Web3 creators. Countdown to the webpage launch has begun, fueling anticipation and interest in NFP tokens, marking a significant milestone in Binance's commitment to innovation and community-centric initiatives in the crypto sphere.
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Exciting News from Binance: Another Free Opportunity Emerges!
Unveiling NFPrompt (NFP) on Binance Launchpool Fair Mode!
Binance, a pioneer in cryptocurrency innovation, proudly introduces the 41st project on its Launchpool—NFPrompt (NFP). Positioned as an Artificial Intelligence-driven User Generated Content (UGC) platform tailored for Web3 creators, NFPrompt brings a new wave of possibilities to the crypto community.
Scheduled for launch on 2023-12-20 00:00 (UTC), users can embark on a seven-day farming journey by staking BNB, FDUSD, and TUSD in dedicated pools to yield NFP tokens. The excitement amplifies as the webpage becomes accessible five hours before the Launchpool kicks off, ushering enthusiasts into an immersive experience.
The anticipation builds as Binance plans to list NFP and commence trading at 2023-12-27 10:00 (UTC). Traders can engage with NFP through various trading pairs, including NFP/BTC, NFP/USDT, NFP/BNB, NFP/FDUSD, NFP/TUSD, and NFP/TRY. Notably, the Seed Tag will be applied to NFP, emphasizing its unique standing within the Binance ecosystem.
NFPrompt (NFP) emerges as more than just a token; it symbolizes the convergence of artificial intelligence, user-generated content, and decentralized finance. As the crypto community eagerly awaits its launch, NFPrompt promises to redefine the landscape of Web3 creations and empower users to actively participate in shaping the future of decentralized content creation.
Stay tuned as NFPrompt takes center stage on Binance Launchpool Fair Mode, inviting users to stake, farm, and engage in a revolutionary ecosystem that blends cutting-edge technology with the limitless potential of decentralized finance.
Get Ready: The Solana Saga Phone Has Reached $5,000! During the Rally of BONK,
In a stunning flip this week, the Solana Saga phone—which was previously unable to find a buyer—is now selling for as much as $5,000 on the online marketplace Ebay, a significant increase from its earlier summer discount. Following the phone's detractors' accusations of a "failure," demand for the Solana-based meme currency BONK surged, with its value increasing by more than 10,000% in only two months. $SOL The BONK Airdrop Sets Solana Saga Phones Freefalling Some arbitrage traders appeared to be seeking an airdrop of 30 million BONK tokens, which are issued to all phone owners, and this appears to have bolstered sales of Solana Saga phones last week. At its highest point last week, the airdrop was worth almost $700 on a phone that cost $599.
One innovative feature of the blockchain-enabled smartphone Saga is its capacity to securely store bitcoin on the device's internal components. A ad on the internet marketplace eBay from December 16th stated that two phones, both in their original packaging and never opened, were sold for $5,000 or "best offer," while another phone went for $3,316 or "best offer." Unhappy with sales and the phone's future, the $1,000 Saga emerged earlier this year. The inventor of Solana, Anatoly Yakovenko, has earlier admitted that Saga's future was uncertain because of its disappointing sales performance. But now that the newest BONK panic has passed, the storyline has changed. The dog-themed BONK was accepted by blockchain users in early November, and its popularity skyrocketed, with prices increasing as much as 700% in 30 days and as much as 110% in a single day.
At the moment, SOL's market value is $32.31 billion. Indicator: TradingView.com After initial concerns about the Saga phone's future were expressed due to its poor sales, that seemed to alleviate its status. The 30-million BONK token airdrop that comes with every new Saga phone was observed last week by enthusiasts and dealers. Due to the unexpectedly high price of BONK, the Saga phones sold out on the official website before they ever arrived. This was because the airdrop was worth more than the phone itself. Discord Breaks Out as Sales of Saga Skyrocket Saga Discord server was down on Thursday due to new people claiming to have bought the phone and wanted to get the airdrop. According to the Discord server posts, the BONK airdrop is open to users who have downloaded the app via Saga's crypto-forward custom app store.
According to a post by Solana co-founder Raj Gokal on X made at noon on Thursday, sales of Saga had increased by more than tenfold in the past two days, and they are on track to sell out entirely before the new year. Anatoly Yakovenko, Gokal's colleague, went to Twitter to announce the necessity of a price cut in light of the remarkable uptick in sales. Phone customers might not be putting all their eggs in the $BONK pricing basket just yet, what with all the Solana-based initiatives announcing airdrops and other financial incentives for device users. #BONK #sol #Airdrop🪂
Binance Futures Announces Listing of ACE With 50x Leverage!
Binance has announced the listing of ACE offering in its Futures. This new perpetual contract will provide users with the flexibility to trade with up to 50x leverage, providing enhanced opportunities for strategic and leveraged trading.
The ACEUSDT Perpetual Contract will have a maximum funding rate of +2.00% / -2.00% at launch. To ensure transparent and frequent settlements, the funding fee will be paid every four hours, offering a dynamic trading environment for users.
Binance offers special benefits to qualified USDⓢ margin futures liquidity providers.
For the first 14 to 15 days post-launch, eligible providers will be able to enjoy a 0.005% maker fee discount on transactions they execute on the ACEUSDT Perpetual Contract.
See Also: Tron Founder Justin Sun Purchased These Four Altcoins From Binance, Is This A Pointer?
It is important to note that Binance reserves the right to adjust the specifications of the ACEUSDT Perpetual Contract as necessary in response to market risk conditions.
Possible adjustments may include items such as funding fee, tick size, maximum leverage, initial margin or maintenance margin requirements.
The introduction of Multi-Entity Mode adds an additional layer of flexibility for users.
This feature allows traders to participate in ACEUSDT Perpetual Contract transactions using a variety of collateral assets, subject to applicable margin deductions.
For example, when Multi-Asset Mode is enabled, participants can use BTC as collateral when trading ACEUSDT Perpetual Contract.
The post Binance Futures Announces Listing Of ACE With 50x Leverage! appeared first on BitcoinWorld.
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Dog-Themed Solana Meme Coin BONK Continues to Dominate Crypto Twitter
According to Decrypt, the dog-themed Solana meme coin, BONK, has continued its weeks-long monster streak, dominating discussions on Crypto Twitter. The coin has seen a 796% increase in the last month, according to CoinGecko. BONK's market capitalization has reached $1.758 billion, doubling since yesterday. The coin's success has boosted other projects in the Solana ecosystem, with Twitter users expressing their diehard support for the token. Richard Wu, co-founder of Solana NFT marketplace Tensor, referred to BONK as a 'religion.' The Solana community has been celebrating BONK's success, using it as evidence of Solana's superiority compared to other blockchains. Some users even claim that BONK has destroyed rival layer-2 blockchains with its power. However, BONK's influence may not be as powerful as some believe, as Ethereum scaling blockchain Arbitrum experienced an hour-long outage due to a surge in network activity.
Share Your #BinanceTournament Experience on Binance Square to Grab a Share of 5,000 USDT!
Activity Period: 2023-11-27 00:00 to 2023-12-24 23:59 (UTC) Join the Futures Grand Tournament and compete for 2 Million USDT in prizes! Share your tournament insights on Binance Square and get a chance to win from an EXCLUSIVE 5,000 USDT prize pool. How to Win? Simply create an original content piece related to your tournament experience or insights on Binance Square during the Campaign Period, and mention “#BinanceTournament ".Make sure each of your posts/articles receives at least three interactions (likes, comments, or shares). Remember, share your posts to draw more interactions from your friends and other Binance Square community members. The more interactions you gather, the higher your chances of winning!
Promotion A: Community Engagement Pool (3,000 USDT in token voucher) All users who create an eligible content piece during the Activity Period will qualify for an equal share of the 3,000 USDT rewards pool.
Promotion B: Top Contents Pool (2,000 USDT in token voucher) The top 10 posts with the #BinanceTournament hashtag having the highest 'like👍' reactions (other emojis reactions will not be counted) will be rewarded as follows:
Terms & Conditions This activity may not be available in your region. Only #BinanceTournament related content pieces (including posts and articles) that include the #BinanceTournament hashtag and receive at least 3 engagements (i.e., the total number of emojis, comments, or shares) during the Activity Period, will qualify as eligible content pieces. Any cases of hashtag abuse will lead to exclusion from the campaign.Only original, new content qualifies. Previous submissions are ineligible.You can create multiple content and potentially win in both promotions. However, each user is only entitled to 1 reward in promotion B. Winners will be notified via a push notification under Creator Center > [Square Assistant](https://www.binance.com/en/feed/secretary) within 15 working days after the activity ends. The USDT token voucher rewards will be distributed within 15 working days after the activity ends. Users may check their rewards via Profile > [Rewards Hub](https://www.binance.com/en/rewards-hub). The validity period for the token voucher is set at seven days from the day of distribution. [Learn how to redeem a voucher](https://www.binance.com/en/support/faq/what-are-binance-vouchers-and-how-to-redeem-acb5e3f3e3024506b8f4cedefe334d0e).Binance reserves the right to disqualify any account acting against the [Binance Square Community Guidelines](https://www.binance.com/en/support/faq/binance-feed-community-management-guidelines-ecb50ef2012f40b2a2c4f72eaa5b569f) or [Terms and Conditions](https://www.binance.com/en/support/faq/binance-feed-community-platform-terms-and-conditions-5dfcea5fbc0d4c4c9c90c2597f3da358).Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments. Binance reserves the right of final interpretation of this activity.This Campaign and the Futures Grand Tournament is only available to users who are eligible for Binance Futures trading and may not be available or may be restricted in certain jurisdictions or regions or to certain users, depending on legal and regulatory requirements.
A Guide to Earning $200 Daily on Binance: Navigating Cryptocurrency Opportunities 🚀
Earning $200 daily on Binance is an enticing prospect, but it's crucial to recognize the inherent risks in cryptocurrency investments. Here are strategies to explore, bearing in mind that losses can occur:
1. Day Trading: Engage in short-term trading to profit from price fluctuations. Deep knowledge of technical analysis and market trends is essential. Implementing stop-loss orders is crucial to manage potential losses.
2. Swing Trading: Hold positions for days or weeks to capture larger price movements. A solid understanding of market analysis is key to success.
3. Holding: Invest in cryptocurrencies for the long term, anticipating value appreciation. It's a less active approach, offering lower stress and risk.
4. Staking and Yield Farming: Earn passive income by staking or yield farming certain cryptocurrencies. Thoroughly research assets and platforms to mitigate risks.
5. Arbitrage: Seize opportunities by buying low on one exchange and selling high on another. It's a challenging strategy that requires quick execution.
6. Leveraged Trading: Exercise caution with leveraged trading, as it magnifies both gains and losses. Recommended for experienced traders.
7. Bot Trading: Utilize automated trading bots for 24/7 execution based on predefined strategies. Be vigilant, as improperly configured bots can result in significant losses.
Keep in mind the crypto market's volatility; prices change rapidly. Start with a small capital and gradually increase exposure as experience grows. Consider consulting with a financial advisor or experienced trader before making significant investments.