Binance Futures Launches CVCUSDT Perpetual Contract with 75x Leverage – Coincu
The post Binance Futures Launches CVCUSDT Perpetual Contract with 75x Leverage – Coincu appeared on BitcoinEthereumNews.com. Key Points: Binance launches CVCUSDT contract with 75x leverage, impacting CVC trading. Introduces high leverage trading for Civic (CVC) starting May 16, 2025. Initial reactions and key impact assessments remain undeveloped. Binance Futures has announced the launch of the CVCUSDT perpetual contract on May 16, 2025, offering traders up to 75x leverage on Civic (CVC) against USDT. This addition signals Binance’s strategic focus on expanding its derivatives offering, with potential short-term market volatility and increased trading activity expected for Civic (CVC). Binance Expands High-Leverage Trading with New CVC Contract The CVCUSDT perpetual contract went live on Binance Futures on May 16, showcasing the exchange’s commitment to expanding high-leverage trading options. Civic (CVC), the token underlying this contract, is known for its decentralized identity management services. Traders can now access a levered trading environment, boosting activity around Civic without the constraints of an expiry. This launch offers an opportunity for traders to exploit price movements in CVC with high leverage, potentially augmenting volatility. However, without corresponding statements from key industry stakeholders or Civic leadership, the reaction remains cautious and reliant on observed market activity. Binance Futures will launch the following perpetual contract(s) as below: 2025-05-16 08:30 (UTC): CVCUSDT Perpetual Contract with up to 75x leverage. — Binance Official Announcement Civic (CVC) Market Dynamics Amid New Binance Listing Did you know? This is not the first time Binance has introduced perpetual contracts for altcoins, often leading to short-term volume spikes. Such strategies form part of their broader derivatives expansion efforts, cultivating a more dynamic trading environment on the platform. According to CoinMarketCap, Civic (CVC) currently trades at $0.13, supported by a market cap of $129.36 million and a fully diluted valuation mirroring this figure. Over the past 24 hours, CVC saw a price decrease of 7.61%, contrasting with a 12.73% gain over…
The post Binance Futures Launches CVCUSDT Perpetual Contract with 75x Leverage – Coincu appeared on BitcoinEthereumNews.com.
Key Points: Binance launches CVCUSDT contract with 75x leverage, impacting CVC trading. Introduces high leverage trading for Civic (CVC) starting May 16, 2025. Initial reactions and key impact assessments remain undeveloped. Binance Futures has announced the launch of the CVCUSDT perpetual contract on May 16, 2025, offering traders up to 75x leverage on Civic (CVC) against USDT. This addition signals Binance’s strategic focus on expanding its derivatives offering, with potential short-term market volatility and increased trading activity expected for Civic (CVC). Binance Expands High-Leverage Trading with New CVC Contract The CVCUSDT perpetual contract went live on Binance Futures on May 16, showcasing the exchange’s commitment to expanding high-leverage trading options. Civic (CVC), the token underlying this contract, is known for its decentralized identity management services. Traders can now access a levered trading environment, boosting activity around Civic without the constraints of an expiry. This launch offers an opportunity for traders to exploit price movements in CVC with high leverage, potentially augmenting volatility. However, without corresponding statements from key industry stakeholders or Civic leadership, the reaction remains cautious and reliant on observed market activity. Binance Futures will launch the following perpetual contract(s) as below: 2025-05-16 08:30 (UTC): CVCUSDT Perpetual Contract with up to 75x leverage. — Binance Official Announcement Civic (CVC) Market Dynamics Amid New Binance Listing Did you know? This is not the first time Binance has introduced perpetual contracts for altcoins, often leading to short-term volume spikes. Such strategies form part of their broader derivatives expansion efforts, cultivating a more dynamic trading environment on the platform. According to CoinMarketCap, Civic (CVC) currently trades at $0.13, supported by a market cap of $129.36 million and a fully diluted valuation mirroring this figure. Over the past 24 hours, CVC saw a price decrease of 7.61%, contrasting with a 12.73% gain over…
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