๐ #Binance drops two new USDT-margined perpetual futures:
$MYXUSDT & $FUSDT (SynFutures)! Launching June 18 @ 12:30/12:45โฏUTC with up to 50x leverage. Buckle up, altcoin traders! ๐ฅ Crypto #Altcoins #MYX #SynFutures
๐ Whatโs #MYX Finance? Itโs an on-chain, AMM-based perpetual DEX (futures on AMM) โ no custody, you hold the keys. Defi flex FTW! ๐๐ #Crypto #DeFi
๐ค And #SynFutures (token $F)? Itโs a next-gen decentralized futures DEX + infra. It lets users create/trade on-chain futures for ANY asset. Wall St meets #DeFi! ๐น๐ #Altcoins #Crypto
๐ Tech specs: $MYXUSDT & $FUSDT are USDT-margined perp contracts. They trade 24/7 with max 50x leverage, funding ยฑ2% per 4h, and support Multi-Asset Mode (e.g. use BTC as collateral). Trade on! ๐ผโ๏ธ #Futures #Trading
๐ฎ Why it matters: Binance is doubling down on #DeFi. Adding MYX & $F shows itโs pushing alt-perps, giving traders new high-risk/high-reward plays. More altcoins = more flow into #Binance. ๐๐ฐ #Futures #Altcoins
โ ๏ธ Trade safe: 50x leverage is a double-edged sword โ crazy profits and crazy losses. Only YOLO if youโre readyโฏโ or sit back & HODL. Protect your bags, fam! ๐๐ #Risk #DYOR #HODL #Crypto
Sources: Official Binance announcement; Binance News blog; Crypto analysis from Binance Square.