Binance to List Perpetual DOGS/USD Contracts on September 10th
CryptoNewsTerminal Staff05 Sep, 2024
Binance to List Perpetual DOGS/USD Contracts on September 10th
Binance, the leading cryptocurrency exchange, has announced the listing of DOGS/USD perpetual contracts on its platform. The contracts will be available for trading from 12 PM UTC on September 10, 2023. Perpetual contracts are a type of futures contract that do not have an expiry date. This allows traders to hold positions for as long as they wish, without having to worry about the contract expiring. Perpetual contracts are also typically traded with leverage, which allows traders to increase their potential profits (and losses). Binance will offer up to 20x leverage on its DOGS/USD perpetual contracts. This means that traders can trade with up to 20 times the amount of capital that they have deposited in their account. The listing of DOGS/USD perpetual contracts on Binance is a sign of the growing interest in this cryptocurrency. DOGS is a meme coin that has gained popularity in recent months, and its listing on Binance will make it more accessible to a wider range of traders.
