Binance adds the option to trade Ethereum futures contracts with up to 50x leverage
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Answer Binance adds the option to trade Ethereum futures contracts with up to 50x leverage
Binance, the world’s largest cryptocurrency exchange, is testing several new highly leveraged contracts for its platform.
I participated Binance platform and via a new tweet on Twitter the launch of ETH / USDT contracts with 50x leverage on the demo network for margin trading allowing users to trade with large margin without risking any real money.
50x leverage, ETHUSDT contracts are now live on #BinanceFutures testnet!
50 times ETH dollar
📊Join the official #finance TG Futures Group
🔮 pic.twitter.com/ZsxmwVRGuc– Binance (binance) November 23, 2019
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Interacting with the launch, Mr. CZ, CEO of Binance, said:
It’s better to get rekted on the beta network.
Many more decades coming online soon on Future Binance.
Binance has already increased the maximum leverage that investors can use in Bitcoin futures to 125 times.
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Binance Adds Option to Trade Bitcoin Futures with 125x . Leverage
CZ on Twitter warned users of the dangers of margin trading.
The addition of Ethereum contracts marks the first high-leverage alternative to Bitcoin on the Binance futures platform.
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