Binance Futures Introduces New ZROUSDT USDⓈ-M Contract for Copy Trading

Binance
Futures
has
announced
the
addition
of
the
ZROUSDT
USDⓈ-M
contract
to
its
Copy
Trading
service,
set
to
go
live
on
August
6,
2024,
at
08:00
(UTC),
according
to

Binance.

About
Binance
Futures
Copy
Trading

Binance
Futures
Copy
Trading
allows
users
to
replicate
the
trading
strategies
of
experienced
traders.
By
setting
an
investment
amount,
the
system
automatically
mirrors
trades
from
selected
lead
traders’
portfolios.
This
feature
is
particularly
beneficial
for
novice
traders
who
can
learn
about
the
crypto
market
and
develop
their
trading
strategies
through
this
service.

Details
of
the
New
Contract

The
ZROUSDT
USDⓈ-M
contract
is
the
latest
addition
to
Binance
Futures’
offerings.
This
contract
type
is
settled
in
USDT
and
provides
an
opportunity
for
users
to
diversify
their
trading
options
within
the
Copy
Trading
ecosystem.
The
introduction
of
this
contract
aims
to
enhance
user
experience
by
offering
more
varied
and
potentially
profitable
trading
strategies
to
follow.

Further
Information

Binance
has
issued
a
disclaimer
noting
the
high
market
risk
and
price
volatility
associated
with
digital
assets.
Users
are
advised
to
make
informed
investment
decisions
and
consult
independent
financial
advisors
if
necessary.
The
platform
also
emphasizes
that
past
performance
is
not
a
reliable
indicator
of
future
results,
and
trading
via
copy
trading
involves
significant
risks,
including
following
potentially
inexperienced
traders.

For
the
most
accurate
and
up-to-date
information,
users
are
encouraged
to
refer
to
the
original
English
version
of
the
announcement
on
Binance’s
website.

Binance
reserves
the
right
to
amend
or
cancel
this
announcement
at
any
time.
Copy
trading
is
restricted
in
certain
countries
and
to
specific
users.
For
more
information,
users
should
review
Binance’s

Terms
of
Use
and

Risk
Warning
pages.

Image
source:
Shutterstock