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Cryptocurrency News Articles

Binance Futures Expands Its Trading Offerings with the Launch of SLERFUSDT and SCRTUSDT Perpetual Contracts

Nov 21, 2024 at 09:00 pm

Binance Futures has expanded its trading offerings with the launch of Margined SLERFUSDT and SCRTUSDT perpetual contracts.

Binance Futures Expands Its Trading Offerings with the Launch of SLERFUSDT and SCRTUSDT Perpetual Contracts

Binance Futures has announced the launch of Margined SLERFUSDT and SCRTUSDT perpetual contracts, expanding its trading offerings. The new contracts became available on November 21, 2024, at 11:30 UTC, offering traders up to 75x leverage and diverse trading opportunities.

The announcement had a notable impact on the market, particularly on SLERF (SLERF), as the token experienced a 40% price surge in the past 24 hours, reaching $0.4021. SLERF now has a market cap of $201.04 million, and its 24-hour trading volume has surged by 249.10% to $298.44 million.

Contract Details:

Binance Futures also offers the Multi-Assets Mode for these contracts, enabling traders to settle trades with multiple assets.

The strong market response to SLERF is attributed to Binance’s announcement, highlighting the exchange’s influence in driving token adoption. The SCRTUSDT contract also gained attention as Binance Futures continues to provide a wide range of trading opportunities.

These contracts are now available 24/7 on Binance Futures. The launch marks a key step in Binance’s effort to provide advanced trading tools for its global user base, offering high liquidity and volatility for these contracts.

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