Binance Futures Plans Six TradFi Perpetual Listings With 20x Leverage

Binance Futures has scheduled six TradFi perpetual contract listings for Oct. 29, with each launch set five minutes after the previous one. EWZSUSDT leads the sequence, followed by SMRUSDT, OXYUSDT, AMGNUSDT, PFEUSDT and MELIUSDT. Leverage will be capped at 20x for all six contracts. Perpetual contracts are derivatives without a fixed expiration date. Binance's earlier plan for five TradFi-linked contracts also set a 20x leverage cap. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.