Good news came from Binance for Moonbeam (GLMR), which made a big leap today with the news of Upbit, South Korea’s largest cryptocurrency exchange.
At this point, Binance announced that it will launch the GLMR perpetual contract with up to 10x leverage at 01:30 UTC on 26.09.2023.
“Binance Futures will launch the GLMR perpetual contract with up to 10x leverage at 01:30 UTC on 09/26/2023.”
In its statement, Binance also determined details such as the maximum leverage rate, transaction limit and funding rate.
After Binance announcement, GLMR price started to rise. At the time of writing, GLMR continues to trade at $0.253.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/binance-added-futures-support-for-this-altcoin-that-rising-50-percent-today-price-has-moved/