Binance Lists AERGO (AERGO) Perpetual Futures With 75x Leverage
CryptoNewsTerminal Staff10 Sep, 2024
Binance Lists AERGO (AERGO) Perpetual Futures With 75x Leverage
Binance, the world's leading cryptocurrency exchange, has announced the listing of AERGO (AERGO) perpetual futures on its platform. The AERGO/USDT perpetual futures will be available for trading on September 10, 2023, at 09:15 PM (KST). Perpetual futures are a type of derivative contract that allows traders to speculate on the future price of an asset without having to take physical delivery. They are similar to traditional futures contracts, but they do not have an expiry date. This makes them ideal for traders who want to hold positions for an extended period of time. The maximum leverage supported for AERGO perpetual futures on Binance is 75x. This means that traders can multiply their potential profits by up to 75 times. However, it is important to note that leverage can also amplify losses, so traders should use it with caution. The listing of AERGO perpetual futures on Binance is a significant development for the AERGO ecosystem. It will provide traders with a new and convenient way to trade AERGO and speculate on its future price.
