Binance Lists pepe Coin and Myro Perpetuals with 50X Leverage
Leading cryptocurrency exchange binance recently made an important announcement aimed at diversifying trading options for its users. The platform will introduce two new perpetual contracts, MYROUSDT and 1000PEPEUSDC, both offering up to 50x leverage. These contracts are scheduled to launch on March 5, 2024 for MYROUSDT, followed by 1000PEPEUSDC on March 7, 2024.
In addition to announcing the launch dates, Binance also provided detailed information about the features of these perpetual contracts. Investors can expect important details such as confirmation size, funding rates, leverage limits and trading hours to be clearly stated. A notable feature of these contracts is the inclusion of multi-asset mode, which allows users to trade across multiple margin assets, providing greater flexibility and diversification opportunities.
Promotional Offers and Eligibility
To encourage engagement and participation, Binance has introduced attractive promotional offers for investors using these new perpetual contracts. Traders participating in MYROUSDT contracts will benefit from a 0.005% Maker fee discount for a period of 14 to 15 days, thus increasing their trading experience and potential profitability. Additionally, Binance is offering a generous 10% promotional trading fee discount for all trades executed on USDC collateralized futures contracts through April 3, 2024.
To ensure transparency and clarity, Binance has provided clear eligibility criteria for these promotional offers. Investors are encouraged to take advantage of these incentives by adhering to the stated requirements to maximize their business benefits.
So read: Binance Halts Nigerian Naira (NGN) Offerings Amid Crypto Crackdown in Nigeria
Price Analysis and Market Performance
Both Myro (MYRO) and Pepe Coin (PEPE) have shown notable price movements recently. Myro rose an impressive 78.77% to $0.3524817. However, Pepe Coin experienced a more modest increase of 0.7%, with its price at $0.00000750. Myro’s rise indicates a strong uptrend, while Pepe Coin’s rise, albeit smaller, indicates ongoing market activity. Investors should remain cautious considering the potential volatility in price movements of both assets.
So read: Dogwifhat Price Increases 28% as Binance Announces WIF Listing
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