Binance Unveils CHESS/USDT Perpetual Futures with 75x Leverage

IconCryptoNewsTerminal Staff29 Aug, 2024

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Binance Unveils CHESS/USDT Perpetual Futures with 75x Leverage

Binance, the leading global cryptocurrency exchange, expands its trading options by introducing CHESS/USDT perpetual futures. Effective August 29 at 4:30 PM (KST), users can now trade CHESS with up to 75x leverage, amplifying their potential returns and amplifying their risk exposure. This new offering enriches the diverse range of trading instruments available on Binance, catering to the evolving needs of sophisticated traders and those seeking advanced trading strategies. The perpetual futures contract allows traders to speculate on the future price of CHESS without the need for physical delivery, providing flexibility and the ability to hold positions indefinitely. Binance's commitment to providing cutting-edge trading products and comprehensive risk management tools ensures a secure and seamless trading experience for its users. With the addition of CHESS/USDT perpetual futures, traders gain access to a broader spectrum of assets, enabling them to diversify their portfolios and navigate market volatility effectively.

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