Binance, the world’s largest crypto exchange, officially added a TRX/USDT perpetual contract to its futures platform on Wednesday.
According to the announcement, TRX/USDT futures trading went live this morning at 3:00 am (EST) with up to 75x leverage available.
TRON is the seventh asset available on Binance’s futures platform, joining Litecoin (LTC), XRP (XRP), EOS (EOS), Ethereum (ETH), Bitcoin Cash (BCH) and Bitcoin (BTC). Altcoin contracts can be traded with up to 75x leverage while BTC/USDT allows up to 125x leverage.
This news comes shortly after Binance launched an isolated margin mode for its futures platform, allowing investors to control the precise amount of capital they are willing to risk to limit unrealized losses.
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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.