Binance Futures Introduces DOGSUSD COIN-M Perpetual Contract with 20x Leverage

Binance
Futures
is
set
to
launch
the
DOGSUSD
COIN-M
Perpetual
Contract,
offering
traders
up
to
20x
leverage.
The
new
contract
will
be
available
starting
September
10,
2024,
at
10:00
(UTC),
according
to

Binance.

Contract
Specifications

The
DOGSUSD
COIN-M
Perpetual
Contract
will
feature
a
funding
fee
settlement
frequency
of
every
eight
hours.
Binance
reserves
the
right
to
adjust
various
specifications,
including
the
funding
fee,
tick
size,
maximum
leverage,
initial
margin,
and
maintenance
margin
requirements
based
on
market
risk
conditions.

Terms
and
Conditions

Traders
should
note
that
the
DOGSUSD
Perpetual
Contract
is
governed
by
the
Binance
Terms
of
Use
and
the
Binance
Futures
Service
Agreement.
Any
discrepancies
in
translated
versions
of
the
announcement
should
be
resolved
by
referring
to
the
original
English
version
for
the
most
accurate
information.

High-Risk
Warning

Binance
has
issued
a
high-risk
warning,
emphasizing
the
volatility
of
digital
asset
prices.
They
caution
that
the
value
of
investments
may
fluctuate,
and
users
are
solely
responsible
for
their
investment
decisions.
Futures
trading,
in
particular,
is
subject
to
high
market
risk
and
price
volatility,
potentially
requiring
additional
margin
deposits
or
interest
payments
at
short
notice.
Failure
to
meet
these
requirements
may
result
in
the
liquidation
of
collateral
without
consent,
and
users
may
remain
liable
for
any
resulting
deficits.

Binance
also
reserves
the
right
to
amend
or
cancel
the
announcement
at
any
time
without
prior
notice.
For
more
details,
users
are
encouraged
to
review
the

Binance
Terms
of
Use
and
the

Risk
Warning
page.

Image
source:
Shutterstock