Binance Futures introduces TONUSDT with 50x leverage, expanding investment options for users. The altcoin will be available for futures trading from March 1, 2024, at 15:30 UTC.
The TONUSDT perpetual contract provides investors with greater trading opportunities
With the TONUSDT Perpetual Contract offering up to 50x leverage, investors gain access to amplified trading opportunities in the crypto derivatives sphere. This heightened leverage empowers traders to magnify their positions, potentially maximizing gains in bullish markets while also amplifying risks during downturns. However, it's imperative for investors to exercise caution and employ robust risk management strategies to navigate the increased volatility associated with leveraged trading.
The TONUSDT perpetual contract enhances the transparency and efficiency of trading operations
At its launch, the contract boasts a maximum funding rate ranging from +2.00% to -2.00%. Furthermore, funding fee payments occur every four hours, enhancing transparency and efficiency in trading operations. This predictable fee structure allows investors to better anticipate costs associated with their positions, contributing to a smoother trading experience.
Trades executed on the contract enjoy a 0.005% maker fee discount
Qualified liquidity providers trading USDⓈ margin futures will enjoy a 0.005% maker fee discount on trades executed on the TONUSDT Standing Contract for a limited period.
The right to adjust contract features based on market conditions
Binance's prerogative to modify contract features in response to market conditions underscores its commitment to adaptability and effective risk management. This flexibility allows the platform to stay agile in the face of evolving market dynamics, ensuring that users are provided with a trading environment that remains relevant and resilient