Ponke (PONK) USDT Perpetual Contract With Up to 75x Leverage Ready to Roll on Binance Futures

Binance Futures is all set to launch the PONKE USDT perpetual contract with a maximum leverage of 75X.

Ponke, which is fondly referred to as the “Golden child of Solana,” has been a favorite among online traders and gaming enthusiasts since day zero. Being built on Solana ensured that the novel digital asset could reap the benefits of Solana’s high-speed transactions and low fees. Moreover, it has always been driven by a sense of community building, which has been further accentuated by the token’s integration into major crypto exchanges, enhancing its accessibility to a wider audience.

But such integrations are only the tip of the iceberg, as news is out that a Binance Spot listing is up next for Ponke!

PONKE USDT Perpetual Contract With Up to 75X Leverage Ready to Roll

Binance Futures will launch the PONKE USDT perpetual contract with a maximum leverage of 75X. The offering is supported by a multi-assets mode, which enables users to trade the contract across multiple margin assets, subject to the applicable haircuts.

With this mode activated, users can use BTC as a margin during their trades. All trades will have Ponke as their underlying asset and USDT as their settlement asset. Funding fee settlements will happen every four hours.

Getting a Binance Futures listing is a big deal for any crypto project. With access to over 250 F&O contracts, strengthened by trading tools, margin modes, and 24/7 expert customer support, Binance Futures is perhaps the most celebrated name in the crypto trading circuit.

It offers trades at ultra-competitive pricing. Binance Futures’ fees are probably the lowest in the market, and the bid/ask spread is the tightest. Built with an industry-leading matching engine that offers high transactions per second on a range of web, app, desktop, and trading platforms, Binance Futures is cost-effective, advanced, and convenient.

And in case PONKE gets a spot listing on Binance, it might give a tremendous boost to Ponke’s growth engine. After all, it already witnessed more than 430% growth since its launch, hitting an all-time high of $0.7 in July.

Already available for trading on all major exchanges like Revolut, KuCoin, Kraken, Bybit, Gate.io, HTX, and many more, Ponke could potentially hit new highs if it secures a Binance spot listing! So, overall, the coming days will be full of excitement for PONKE and its large community.