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Cryptocurrency News Articles
DIA Price Pumps 20% as Binance Futures Lists Token
Oct 02, 2024 at 09:45 pm
The price of DIA has been going up today, with an increase of more than 20% in the last 24 hours. This price surge has caught the attention of various investors
The price of DIA has surged significantly today, with an increase of over 20% in the last 24 hours. This price pump has attracted the attention of investors, especially considering that many crypto markets are currently experiencing losses.
An investigation into the main reason behind the DIA price surge reveals news of Binance listing the token in the futures market. Here are the details of the Binance listing.
Binance has announced the launch of the DIAUSDT Perpetual Contract to expand the trading assets available and enhance the user experience. The contract went live at 12:30 PM (UTC) today, offering traders leverage of up to 75x.
Some key specifics of the DIAUSDT Perpetual Contract include:
Maximum Funding Rate: The maximum funding rate will be +2.00% / -2.00% at launch.
Funding Fee Settlement Frequency: The funding fees will be settled every four hours.
Adjustable Specifications: Binance may adjust the futures contract specifications, including the funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements, as market conditions evolve.
Multi-Assets Mode: This mode enables users to trade the DIAUSDT perpetual contract using multiple margin assets, subject to applicable haircuts. For example, users can use BTC as the margin for trading this contract when Multi-Assets Mode is activated.
Crypto Analyst Confirmation
Well-known crypto analyst Wise Summit, who has over 260,000 followers, confirmed this news, further adding to the excitement around the DIA token.
#Binance Futures will launch $DIA/USDT Perpetual Contract With Up to 75x Leverage today at 6:00 pm IST ⏰
#DIA pumped 30%+ after the announcement.
I already shared "The Alpha to Catch Major Pumps" a month ago.
Check it out 👇
https://t.co/rF2TJkRbFW pic.twitter.com/76OVBDOW6T
Being listed on Binance features will open the DIA market up to new traders and more opportunities.
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Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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