Binance, the world’s largest crypto exchange, recently added an ADA/USDT perpetual contract to its futures platform.
According to the announcement, ADA/USDT futures trading is now available with up to 75x leverage.
Cardano (ADA) is the eleventh asset available on Binance Futures, joining Stellar (XLM), ChainLink (LINK), TRON (TRX), Ethereum Classic (ETC), Litecoin (LTC), XRP (XRP), EOS (EOS), Ethereum (ETH), Bitcoin Cash (BCH) and Bitcoin (BTC). Altcoin contracts all can be traded with up to 75x leverage while BTC/USDT allows up to 125x leverage.
The exchange will also be adding a Monero (XMR) perpetual contract on Monday, with trading starting at 3:00 am (EST).
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.