Captured By Tracy D'souza / 5:39 pm on 17 January 2024
Binance Futures, the derivatives trading platform by Binance, is set to expand its offerings with the launch of a USDC-margined DOGE Perpetual Contract on January 18, 2024, at 10:00 a.m. UTC. This new trading option will provide users with the opportunity to execute their Dogecoin (DOGE) trades with up to 75x leverage. The USD-M DOGE Perpetual Contract will be settled in USDC and boasts a tick size of 0.00001. Whilst, with a capped funding rate of +0.3750%/-0.3750%, funding fee settlements will occur every eight hours, according to the latest announcement. Trading on the DOGEUSDC Perpetual Contract will be available 24/7 to cater to the global nature of the cryptocurrency market.
