Binance Presents Football Fan Token Index With Up to 25x Leverage
Join Our Telegram channel to stay up to date on breaking news coverage Binance, a renowned cryptocurrency exchange platform, recently launched a Football Fan Token Index perpetual contract (FOOTBALLUSDT) that tracks the performance of certain football fan club tokens listed on the Binance spot market. Binance Football Fan Token Index is available 24/7 trading hours and can give up to 25 times leverage. To adapt to the market conditions , Binance will adjust the contract specifications periodically, which may include modifying metrics like tick size, maximum leverage, maintenance margin requirements, and initial margin . The crypto exchange company also launched its USDC perpetual contracts, a new product that will allow the users to trade their USDC balance on Binance derivative market. The USDC perpetual contract can be used as collateral with no expiration date and place short or long contracts with up to 25x leverage. Users can place orders depending on the number of cryp...