While Binance, the realm’s largest cryptocurrency alternate, continues its altcoin announcements, essentially the most current announcement got right here for Avalanche (AVAX).
At this level, Binance stated that it increased the leverage rate for AVAX and introduced that it would beginning the USDC margined AVAX Perpetual Contract with as much as 75 times leverage.
“Dear Binance contributors,
To extend the checklist of trading alternatives equipped on Binance Futures and toughen customers’ trading experience, Binance Futures will beginning the USDC margined AVAX Perpetual Contract with as much as 75x leverage at 07:00 (UTC) on 03/20/2024.
Users will probably be ready to steal pleasure in a 10% promotional transaction payment low cost on all transactions in USDC collateralized futures contracts until 03.04.2024 at 12:30 (UTC).
AVAX continues to alternate at $60 at the time of writing.
*This is now no longer investment advice.