Binance Futures Adds POPCAT and SUN USDⓈ-Margined Perpetual Contracts

Binance Futures has announced the introduction of two new USDⓈ-Margined perpetual contracts featuring POPCAT and SUN tokens.

Binance Futures is introducing two new USDⓈ-Margined perpetual contracts, featuring POPCAT (POPCAT) and SUN (SUN) tokens. These contracts will be available for trading with up to 75x leverage, promising an exciting and diverse trading experience.

The new perpetual contracts for POPCATUSDT and SUNUSDT will launch on August 22, 2024, at 13:00 and 13:05 UTC, respectively. This launch aligns with Binance Futures' commitment to catering to user demand for innovative and varied trading products.

"We're thrilled to announce the addition of POPCAT and SUN perpetual contracts to our USDⓈ-Margined offering. This expansion aims to enhance the trading experience and provide more diversity in trading options. Stay tuned for more updates!" said a Binance Futures spokesperson.

The contracts are now live and available for trading on Binance Futures. Stay updated on the latest crypto news with Fxstreet.

The maximum leverage for each contract is set at 75x, catering to the needs of high-volume traders. The underlying assets for these contracts are Popcat and SunToken, while USDT serves as the settlement asset. Both contracts facilitate trading around the clock, enabling traders worldwide to access the markets continuously.

Technical Specifications and Trading Terms:

Both contracts have a tick size precision of 0.0001 for POPCATUSDT and 0.000001 for SUNUSDT. A capped funding rate of +2.00% / -2.00% is applied to balance periodic payments between long and short positions every four hours.

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