**Title: Binance Futures to Launch USD-Margined SYS Perpetual Contract with Up to 50x Leverage**
Binance, a leading cryptocurrency exchange, has announced the launch of a new USD-margined SYS perpetual contract on its Futures platform. This new addition will offer traders the opportunity to leverage their positions up to 50x, significantly amplifying their potential profits or losses. The SYS perpetual contract will be available starting August 19, 2024, at 15:00 (UTC). This move aligns with Binance’s ongoing efforts to provide more diverse trading options and meet the evolving needs of its users in the dynamic crypto market. The introduction of SYS perpetual contracts promises enhanced trading flexibility and increased engagement in the Syscoin ecosystem.
Source: https://en.coinotag.com/breakingnews/binance-futures-to-launch-usd-margined-sys-perpetual-contract-with-up-to-50x-leverage/