Binance Lists SUI/USD Perpetual Futures on September 18th
CryptoNewsTerminal Staff12 Sep, 2024
Binance Lists SUI/USD Perpetual Futures on September 18th
Binance, the world's leading cryptocurrency exchange, has announced the listing of SUI/USD perpetual futures on September 18th at 1 pm (UTC). The futures will have up to 20x leverage. SUI is a new Proof-of-Work blockchain that is designed to be scalable and secure. The SUI network is currently in testnet, but the mainnet is expected to launch in the coming months. The listing of SUI/USD perpetual futures on Binance will provide traders with a way to speculate on the price of SUI. The futures will also be useful for hedging against the risk of SUI price fluctuations. Traders should be aware that perpetual futures are a leveraged product, and they can be risky. It is important to understand the risks involved before trading perpetual futures.
