Binance has launched the CVCUSDT perpetual contract, allowing up to 75x leverage for Civic (CVC) trades starting May 16, 2025. This development emphasizes Binance's strategy to enhance its derivatives offerings and is expected to increase market activity and volatility.
The introduction of high-leverage trading for Civic (CVC) offers traders opportunities to capitalize on price movements without expiry constraints. However, market reactions remain cautious without input from key industry figures.
Despite short-term trading spikes typically associated with such contract launches, the long-term impact on major cryptocurrencies appears limited. Ongoing monitoring of market activities post-launch is vital for assessing the situation.
Full story here: https://coincu.com/338012-binance-futures-launches-cvcusdt
