Binance Futures officially launches the perpetual contracts PENGUUSDC, CVXUSDT, and SLPUSDT with a maximum leverage of 75x.
These three perpetual contracts will be launched on July 23, 2025, according to Vietnamese time, to expand choices and increase trading opportunities for investors on the Binance Futures platform.
MAIN CONTENT
Three new perpetual contracts will launch on July 23, 2025, including PENGUUSDC, CVXUSDT, and SLPUSDT.
All contracts support a maximum leverage of 75x, increasing profit potential for professional traders.
The trading opening time is clearly defined according to Vietnamese time, allowing investors to proactively choose opportunities.
Which perpetual contract did Binance Futures launch on July 23, 2025?
Binance Futures will introduce three perpetual contracts: PENGUUSDC, CVXUSDT, and SLPUSDT on July 23, 2025, diversifying the trading portfolio for users. This launch is based on the growth trend of the cryptocurrency market and the demand for active contract trading from the community.
According to the official announcement, this move aims to expand the product range and enhance user experience, affirming Binance Futures' leading position in the industry.
What are the launch times and maximum leverage for each contract?
The PENGUUSDC contract will start trading at 15:30 on July 23, 2025, while CVXUSDT and SLPUSDT will follow at 19:30 and 19:45 on the same day, according to Vietnamese time. All three contracts are set with a maximum leverage of up to 75 times, supporting traders to make the most of market fluctuations.
The addition of new high-leverage contracts demonstrates Binance Futures' ongoing commitment to providing breakthrough trading opportunities and optimizing investment efficiency for clients.
Changpeng Zhao – CEO of Binance, 2025
What is the purpose of Binance Futures expanding its perpetual contract products?
The continuous updating and expansion of the perpetual contract line helps Binance Futures maintain its leading market position and meet the diverse needs of investors. This also boosts liquidity and enhances the platform's attractiveness to professional and institutional traders.
The new contracts enable traders to optimize their trading strategies with higher leverage, enhancing their experience and profit potential in the volatile cryptocurrency environment.
How does 75x leverage affect trading perpetual contracts?
The maximum leverage of 75x allows investors to open positions much larger than their actual capital, significantly increasing profit potential but also carrying considerable risks. High leverage requires deep knowledge and tight risk management skills from traders to avoid asset liquidation.
Leverage is a double-edged sword; success or failure depends on the trader's strategy and capital management.
Nguyen Tuan Anh – Cryptocurrency finance expert, 2024
Frequently Asked Questions
When does the PENGUUSDC contract start trading according to Vietnamese time?
The PENGUUSDC contract will open trading at 15:30 on July 23, 2025, according to Vietnamese time, providing diverse opportunities for traders.
What is the maximum leverage for these new contracts?
All three contracts PENGUUSDC, CVXUSDT, and SLPUSDT support a maximum leverage of up to 75 times.
What is the purpose of Binance Futures launching new contracts?
The goal is to expand the product portfolio, increase liquidity, and enhance the trading experience for users on the platform.
What potential risks are associated with trading perpetual contracts with high leverage?
High leverage increases both profit potential and liquidation risk, requiring in-depth capital management and trading strategies.
Does Binance Futures frequently update its contract products?
Binance Futures continuously researches and launches new contracts to meet the diverse needs of the market and investors.
Source: https://tintucbitcoin.com/binance-futures-ra-hop-dong-vinh-vien-moi/
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