On January 22, 2025, Binance is set to introduce the highly anticipated VTHOUSDT perpetual contract, as officially announced. This innovative financial product will offer traders the opportunity to utilize leverage of up to 75x, significantly enhancing their trading capabilities. Given the increasing interest in perpetual contracts within the cryptocurrency market, this launch marks a crucial development for both new and seasoned investors. The launch time is scheduled for 17:30 (UTC+8), which strategically positions Binance to capture a global audience eager for advanced trading options. As the demand for crypto derivatives continues to rise, this move by Binance is expected to solidify its position as a dominant player in the crypto exchange industry. Traders are advised to familiarize themselves with the mechanics of perpetual contracts and assess their risk management strategies ahead of the launch.
Source: https://en.coinotag.com/breakingnews/binance-set-to-launch-vthousdt-perpetual-contract-with-75x-leverage-on-january-22-2025/