Binance, the world's largest cryptocurrency exchange, has just announced the addition of a new altcoin to its cryptocurrency trading platform. This time, the highlighted project is Bio Protocol (BIO). According to the official announcement on Monday, August 25, the BIO/USDC perpetual futures contract (BIOUSDC) is now ready for trading. With a maximum leverage of up to 25 times, the contract offers a more flexible leveraged trading experience.

Transaction Details

Contract Start Time: August 25, 07:15 UTC

Cash: BIO/USDC

Maximum Leverage: 25x

Margin Type: USDC perpetual futures with margin

Loan Rate: 0.005% on the buy side, ranging between -2.00% and +2.00% based on market conditions

Loan Duration: Calculated every 4 years

Binance also confirms that maximum leverage, loan rates, and trading limits may change based on market conditions.

Support for Multi-Asset Mode

The new futures contracts are also a feature of the Multi-Asset Mode. Thanks to this feature, BIO futures contracts can be traded not only with USDC but also with other secured assets like BTC. This allows for more flexible risk management while maintaining user diversity.

What is Bio Protocol (BIO)?

Bio Protocol (BIO) is an advanced project focused on blockchain-based biotechnology solutions. Its goal is to leverage blockchain to enhance data security, transparency, and collaboration in the healthcare and biotechnology fields.

BIO aims to provide solutions for both traditional biotechnology researchers and the Web3 ecosystem. This vision can ensure both the authenticity of scientific research and safer data sharing in healthcare.

Binance's Strategic Move

Binance's BIO brings investors a new trading pair, not only for sliding bond transactions but also as a highlight in the rapidly developing field of biotechnology and blockchain technology. This move aims to:

Increase trading volume of futures contracts,

Opening up new investment opportunities for users,

Increase interest from institutions in cryptocurrency projects focused on biotechnology.

Conclusion

Adding Bio Protocol (BIO) to Binance's trading platform is a significant milestone for the project. With high leverage, flexible asset options, and a strong funding system, BIO is designed for short-term investors. In the long run, solutions provided by biotechnology and blockchain may pave the way for it to become a quality, stable asset.

🚀 With the launch of the BIOUSDC community, BIO data is becoming a clearer and more comparable asset.

BIOUSDT

Perp

0.23845

-15.69%

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- Link to register a new account: https://accounts.binance.com/register?ref=Q2FSX523

- Referral Code: Q2FSX523