On December 16, 2024, Binance will introduce its latest offering, Vana (VANA), as part of a strategic push to enhance its financial services. This initiative includes various platforms such as Binance Financial Management, One-Click Coin Purchase, and Flash Exchange Trading. The announcement confirmed that Vana will feature 1-75x U-based perpetual contracts, further diversifying Binance’s already extensive product lineup.
Scheduled for launch at 21:30 ET, this move signifies Binance’s commitment to providing sophisticated trading options for its users. As the crypto market evolves, the ability to utilize leverage through perpetual contracts allows traders to optimize their positions and manage risks more effectively. This innovative step aligns with Binance’s focus on enhancing user experience while simultaneously reinforcing its competitive edge in the digital asset space.
Source: https://en.coinotag.com/breakingnews/binance-to-launch-vana-vana-with-1-75x-u-based-perpetual-contracts-on-december-16-2024/