Binance Lists CATI Perpetual Futures for Trading
CryptoNewsTerminal Staff16 Sep, 2024
Binance Lists CATI Perpetual Futures for Trading
Binance Lists CATI Perpetual Futures: A Comprehensive Overview Binance, a leading cryptocurrency exchange, recently announced the listing of perpetual futures contracts for CATI, a popular cryptocurrency. The CATI/USDT perpetual futures are set to go live on September 20, 2023, at 19:30 Korean Standard Time (KST). What are Perpetual Futures? Perpetual futures are financial contracts that allow traders to speculate on the future price of an asset without having to physically own it. They provide leverage, enabling traders to multiply their potential gains (and losses). CATI Perpetual Futures on Binance The CATI perpetual futures contracts on Binance will have a maximum leverage of 75x. This means that traders can control a position worth up to 75 times the initial amount they deposit. Traders should use leverage with caution, as it can magnify both profits and losses. The listing of CATI perpetual futures on Binance is a significant development for the CATI ecosystem. It will provide traders with a new way to engage with the asset and potentially expand its market reach.
