**Binance Launches USD Margin CHESS Perpetual Contract with 75x Leverage**
Binance Futures has announced the launch of its new USD margin perpetual contract for the cryptocurrency $CHESS, offering an impressive leverage of up to 75x. The current price of $CHESS stands at $0.19.
Traders should be cautious, as 75x leveraged margin contracts can introduce significant risk and volatility into the market, potentially enhancing price fluctuations. As always, it is essential to conduct thorough research and to understand the risks involved before engaging in such high-leverage trading. Stay tuned for more updates from the crypto world!
Source: https://en.coinotag.com/breakingnews/binance-futures-to-launch-usd-margin-chess-perpetual-contract-with-75x-leverage/