Binance Launches Perpetual Contracts for 2 New Altcoins With Up to 50x Leverage

Altcoins

Binance Launches Perpetual Contracts for 2 New Altcoins With Up to 50x Leverage

Binance Futures has announced the listing of two new perpetual contracts—TAIKOUSDT and SQDUSDT—as part of its ongoing expansion of trading options for users.

The contracts will go live on June 11, 2025, with up to 50x leverage available on both.

According to the information, the TAIKOUSDT perpetual contract will launch at 12:30 UTC, followed by the SQDUSDT contract at 12:45 UTC. These products will be USDⓈ-margined, allowing traders to settle in USDT rather than the base asset.

TAIKO and SQD tokens are already listed on Binance’s Alpha Market, indicating that interest in these assets is building ahead of the futures rollout.

This move aligns with Binance’s broader strategy to enhance trading accessibility and provide higher-risk, higher-reward instruments for advanced users. As always, users are encouraged to manage leverage cautiously, especially with new listings that can experience heightened volatility.

telegram

Author

Kosta Gushterov

Reporter at Coindoo

Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.

Source: https://coindoo.com/binance-launches-perpetual-contracts-for-2-new-altcoins-with-up-to-50x-leverage/