✅Binance Futures Launches VeThor Token (VTHO) Futures
Binance, one of the leading platforms in the cryptocurrency market, announced that it will launch a perpetual futures contract for VeThor Token (VTHO) on January 22, 2025. The new trading pair will offer investors more trading options and leverage. Contract Details:
Contract Name: VTHOUSDT
Launch Date: January 22, 2025, 12:30 UTC
Underlying Asset: VeThor Token (VTHO)
Settlement Asset: USDT
Smallest Price Step: 0.000001
Maximum Funding Rate: +2.00% / -2.00%
Funding Fee Payment Frequency: Every four hours
Maximum Leverage: 75x
Trading Hours: 24/7
Multi-Asset Mode: Supported
Binance stated that it may make changes to contract features such as funding fee, smallest price step, maximum leverage, initial margin, and maintenance margin requirements depending on market conditions.
Multi-Asset Mode Advantage
Multi-Asset Mode supported for VTHO will allow traders to trade with different margin assets. With this mode, users will be able to create more flexible trading strategies by using other assets in their margin accounts as collateral.
VTHO Price Increase
This announcement comes at a time when VTHO has been gaining popularity with updates. VTHO has recently gained more than 400% in value after being listed on the Upbit exchange. This new move by Binance could increase the liquidity of the token and allow it to reach a wider audience of investors.
Futures and Spot Listing
Binance states that futures and spot token listings are independent. In other words, a token listed on Binance Futures does not mean that it will also be listed on Binance Spot. Investors are advised to be careful about this.
By following the updates, you can make your investment decisions more consciously.