Binance, one of many world’s largest cryptocurrency exchanges, introduced the launch of pre-market buying and selling for the MONUSDT perpetual contract on its futures platform, Binance Futures. The brand new contract will start buying and selling in the present day at 3:15 PM.
Binance Futures Launches MONUSDT Futures Pre-Buying and selling
In accordance with Binance, the pre-trading interval permits customers to find market costs for the Monad (MON) token at an early stage and set up their positions earlier than the market absolutely opens.
This function presents a big alternative for buyers trying to acquire early entry to the worth dynamics of newly listed tokens.
Monad (MON) stands out as a Layer-1 blockchain mission designed for top scalability and compatibility with the Ethereum Digital Machine (EVM). The mission goals to offer a sophisticated infrastructure for decentralized functions with sooner transaction affirmation occasions and low fuel charges.
Binance Futures said that the brand new MONUSDT contract will enrich customers’ buying and selling expertise and enhance variety within the futures market.
The trade additionally emphasised that it reserves the precise to make adjustments to contract options, resembling leverage ratio, funding price and collateral necessities, based mostly on market danger situations.
With this transfer, Binance continues to supply its customers extra strategic buying and selling choices by increasing its futures portfolio.
*This isn’t funding recommendation.
