Binance Futures Unveils the QUICK Perpetual Contracts

To enhance the possibility and expand the number of trading options on Binance Futures, Binance Futures will list the QUICKUSDT Perpetual Contract with up to 75x leverage on 2024-09-06 05:00 (UTC).

Binance Futures has unveiled the QUICK perpetual contract with up to 75x leverage. This new product will be available from 05:00 (UTC) on Friday.

The contract is margined with Tether (USDT) and tracks the price of QuickSwap (QUICK). It has a tick size of 0.00001 and leverage of up to 75x, allowing experienced traders to quickly multiply their trading strategies.

The funding fee is settled every four hours at a rate of +2.00% and -2.00%. The QUICK perpetual contract also features multi-assets mode, allowing users to use BTC and other cryptocurrencies as collateral. This provides flexibility in consumption, enabling users to adjust their investment style and maximize marginal utility.

Binance Futures is continuously innovating to meet the trading needs of the community. The specific terms of each contract, including the financing charge, tick size, leverage limit, and margin requirement, may vary based on market conditions. These terms are designed to maintain balanced trading opportunities with varying risk/reward ratios.

The launch of the QUICK perpetual contract will add to the liquidity of QuickSwap and potentially increase market awareness.

Moreover, the addition of high-leverage trading opportunities can attract more traders seeking higher risk-reward profiles, leading to a possible increase in trading volume and support for QUICK's price.

Recently, QuickSwap's price surged by 32.6% in a day with a驚人的 high trading volume increase of 327.78%, bringing the company's market capitalization to around $35,522,090.