Binance Lists UXLINK Perpetual Futures With Up to 75x Leverage Trading
CryptoNewsTerminal Staff15 Sep, 2024
Binance Lists UXLINK Perpetual Futures With Up to 75x Leverage Trading
Binance, a prominent player in the cryptocurrency exchange landscape, has announced the listing of UXLINK perpetual futures with leverage of up to 75x. This new offering goes live on September 16, at 00:00 (UTC), enabling traders to speculate on the future price of UXLINK with amplified potential returns. However, it is imperative for traders to approach leveraged trading with prudence and sound risk management strategies. As stated by CoinMarketCap, UXLINK is currently valued at $0.3965 with a 21.66% upward movement. The introduction of leveraged trading provides traders with the ability to multiply their potential gains, while also amplifying potential losses. Therefore, it is crucial for traders to possess a comprehensive understanding of the risks involved.
