Binance Futures, the derivatives arm of the world’s largest crypto change, has introduced the upcoming launch of a brand new USDⓈ-margined OGUSDT Perpetual Contract, additional increasing its vary of buying and selling merchandise.
Binance Futures to Launch OGUSDT Perpetual Contract with As much as 50x Leverage on Might 12
In keeping with Binance’s official announcement, the brand new perpetual contract will go reside on Might 12 at 12:00 UTC and can permit merchants to commerce their positions with as much as 50x leverage.
The OGUSDT pair is pegged to the OG Fan Token, a well-liked fan-based digital asset, and shall be exchanged for USDT, making it accessible to a variety of retail {and professional} buyers.
Vital Particulars:
- Launch Date: Might 12, 2025, 12:00
- Leverage: as much as 50x
- Margin Sort: USDⓈ Margined
- Financing Price Restrict: ±2.00
- Finance Payment Cost: Each 4 hours
- Availability in Copy Buying and selling: Inside 24 hours after launch
The contract may even be made eligible for the Futures Copy function, which permits customers to repeat the methods of the best-performing merchants on the platform.
Binance emphasised that the funding fee for the OGUSDT contract shall be capped at ±2.00% and funding charges shall be paid each 4 hours, in step with the platform’s normal practices for brand new listings.
This launch displays Binance’s ongoing efforts to diversify its derivatives providing and meet the rising demand for buying and selling pairs associated to fan tokens, which have seen renewed curiosity amid growing interplay between sports activities golf equipment and blockchain ecosystems.
*This isn’t funding recommendation.
