Binance, the world’s largest cryptocurrency exchange, continues its altcoin announcements without slowing down.
At this point, Binance announced that it would launch altcoins BONK and PYTH in futures trading with up to 50x leverage.
“Binance Futures will launch 1000BONK and PYTH Perpetual Contracts with up to 50x leverage on 11/22/2023 at 14:00 UTC and 11/22/2023 at 14:30 UTC, respectively.
The maximum funding rate for 1000BONKUSDT and PYTHUSDT Perpetual Contracts at launch is +2.00% / -2.00%. The funding fee payment frequency is every four hours.”
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Source: https://en.bitcoinsistemi.com/binance-announced-future-listing-of-these-altcoins-with-50x-leverage/