Binance Futures launches perpetual futures contracts AIOUSDT and XNYUSDT with a maximum leverage of 50 times.
The event takes place on August 13 with opening times at 19:30 and 19:45 Beijing time, creating more opportunities for high-leverage trading in the cryptocurrency market.
MAIN CONTENT
Launch of perpetual futures contracts AIOUSDT and XNYUSDT on Binance Futures.
Trading time starts on August 13, at 19:30 and 19:45 Beijing time respectively.
Supports maximum leverage up to 50 times, increasing profitability but also increasing risk.
What is Binance Futures and what are the advantages of perpetual futures?
Binance Futures is a cryptocurrency futures trading platform that allows investors to use leverage to increase potential profits. Perpetual futures help avoid traditional expirations, providing flexibility for traders.
The Binance strategy director once shared: “Perpetual futures are an essential financial tool in the cryptocurrency ecosystem, contributing to increased liquidity and diversification of investment strategies” (Binance CEO, 2023). Offering leverage up to 50 times attracts professional traders to capitalize on price fluctuations.
Why did Binance choose to launch the two contracts AIOUSDT and XNYUSDT at the same time?
The simultaneous launch of AIOUSDT and XNYUSDT aims to meet the needs for diversifying trading assets on the platform. This move helps expand the product portfolio, facilitating traders' choices according to market trends.
These two products support leverage up to 50 times, suitable for experienced traders looking to maximize profits. At the same time, the timing on August 13 with a 15-minute interval between the two sessions helps Binance focus on efficient operations and closely monitor trading activities.
“Continuously updating new futures products reflects our commitment to providing optimal and diverse trading solutions for the cryptocurrency investment community.”
Binance Futures Product Director, 8/2023
How does 50 times leverage affect investors?
50 times leverage allows investors to control much larger positions than the capital invested, thereby increasing short-term profit potential. However, it comes with the risk of significant losses when the market fluctuates sharply.
Financial analysts say: “Using high leverage requires knowledge and strict risk management skills to avoid adverse impacts on investment capital.” With the new contracts, Binance also enhances risk management features and alerts to protect traders.
Steps to register and participate in trading AIOUSDT and XNYUSDT contracts on Binance Futures
To get started, users need to create an account and complete verification on Binance. Then, access the Futures section, select the AIOUSDT or XNYUSDT contract according to the corresponding opening times to trade.
Binance optimizes the trading platform with a user-friendly interface, charts, and technical tools to support investors in making quick and accurate decisions. Supporting leverage up to 50 times creates flexible trading conditions for a diverse range of investors.
What risk management features accompany the new futures contracts?
Binance Futures provides automatic stop-loss tools, margin call alerts, and detailed profit-loss reports to help traders manage risks when using high leverage. This is an essential factor to limit potential losses.
By combining account monitoring technology and an automated liquidation process, the platform maintains safety for both users and the overall system. Financial experts assess this as an important standard in the field of cryptocurrency futures trading.
Steps to trade AIOUSDT and XNYUSDT futures contracts
First, investors select the corresponding product on Binance Futures. Next, determine the maximum leverage of 50 times based on risk tolerance. Finally, place buy or sell orders based on price trend predictions.
Futures trading always carries high risks, so detailed entry/exit planning and proper capital management are very important. Binance provides technical analysis tools and advisory support to enhance trading efficiency.
Risks to watch out for when trading high leverage at Binance Futures
High leverage increases the risk of rapid losses when the market fluctuates unfavorably. Liquidation occurs when losses exceed the required margin, which can result in total capital loss.
Therefore, investors need to have a reasonable capital allocation strategy, set stop-loss points, and should not invest beyond their risk tolerance. Binance also recommends using high leverage only for those with effective risk management experience.
Popular types of futures contracts in the cryptocurrency market today
In addition to perpetual contracts, there are also futures contracts with fixed expiration dates. Each type serves different purposes in trading strategies and risk hedging.
Major platforms often diversify futures products to fully meet the needs of investors from short-term to long-term. The AIOUSDT and XNYUSDT products enrich the choice portfolio on Binance Futures.
How Binance Futures ensures safety and transparency for the new futures contracts
Binance follows strict security procedures and uses modern technological infrastructure to protect customer assets and information. The new futures contracts are all technically audited to limit errors and fraud.
The Binance operating team continuously improves monitoring capabilities and timely feedback to identify and address emerging risks. Transparency in trading information builds trust for the platform in the eyes of the community.
Frequently Asked Questions
1. How do perpetual futures differ from futures contracts?
Perpetual contracts do not have an expiration date, allowing for longer position holding, while futures contracts will expire on a fixed schedule.
2. What is the maximum leverage allowed by Binance Futures?
The maximum leverage supported on the two contracts AIOUSDT and XNYUSDT is 50 times.
3. Should new investors use 50 times leverage?
High leverage is suitable for experienced investors who understand risk management to avoid rapid capital loss.
4. How to avoid liquidation when trading with leverage?
Using stop loss effectively, managing capital tightly, and not placing excessive leverage helps limit liquidation.
5. What tools does Binance provide to trade futures contracts?
Binance provides technical charts, risk alerts, and detailed reports to help traders make more accurate decisions.
Source: https://tintucbitcoin.com/binance-ra-mat-hop-dong-aiousdt-xnyusdt/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
