At 9 o'clock tonight, Binance will officially launch the new currency KAITO, involving multiple trading products such as financial management, flash exchange, leverage, and contracts.
KAITO will launch U-based perpetual contracts and provide 1-75 times leverage trading, which means that in the short term, market fluctuations may be more intense. The total supply of KAITO is 1 billion, of which 8.3% is allocated to early supporters, which means that the amount of tokens circulating in the market is relatively small, which also provides room for price fluctuations.
Is the opening a bargain or a takeover?
Regardless of the strategy, always pay attention to market dynamics and technical changes, and remain flexible.
