Binance Lists TURBO Perpetual Futures with Up to 50x Leverage

Binance Lists TURBO Perpetual Futures with Up to 50x Leverage

Binance, the world's leading cryptocurrency exchange, has announced the listing of TURBO Perpetual Futures on May 31st at 00:30 (Korean time). TURBO Perpetual Futures are perpetual contracts that offer up to 50x leverage, allowing traders to gain exposure to the TURBO market with increased capital efficiency. The listing of TURBO Perpetual Futures will provide traders with an opportunity to speculate on the price of TURBO, a decentralized oracle network that provides highly accurate and tamper-proof data for smart contracts. Traders will be able to take long or short positions on TURBO Perpetual Futures, based on their market outlook. Binance's TURBO Perpetual Futures will be quoted and settled in USDT, with a minimum trade size of 10 TURBO. The contract specifications include a maintenance margin rate of 0.5% and a liquidation margin rate of 1%. The addition of TURBO Perpetual Futures to Binance's offerings further expands the exchange's already comprehensive suite of crypto derivatives products. Traders can now access a wide range of perpetual futures contracts, including BTC, ETH, BNB, and many others, all on the Binance platform. For more information on Binance's TURBO Perpetual Futures, please refer to the following resources: - Binance Blog - Binance Support - Binance Academy