Cryptocurrency futures contracts can be a great addition to the industry. It now appears that Binance will expose traders to LTC/USDT contracts with massive leverage.
Crypto traders aren’t afraid to take a gamble with their money.
Assets such as bitcoin and altcoins are very volatile, even under the best of circumstances.
For those looking for extra risks, perpetual contracts are often the way to go.
Binance is one of the many companies offering exposure to such investment options.
Its latest addition comes in the form of an LTC/USDT perpetual contract.
Traders can increase their expose through 75x leverage.
The addition of this pair is very interesting, for many different reasons.
In the past 18 months, it appears that most enthusiasts have taken a negative stance toward litecoin.
Even so, there is a lot of money to be made by trading altcoins.
Either directly or indirectly, the potential profit is there for the taking.
This move can also bring some more positive attention to litecoin.
For Binance, it is the sixth perpetual contract to be launched since futures trading was opened to the public.
It seems likely to assume that other contracts and pairs will be added as more time progresses.
Other contracts provide exposure to EOS, XRP, BCH, ETH, and BTC, all of which are valued in USDT.
The tokenized equities sector is accelerating rapidly, and xStocks has now crossed a defining milestone:…
Coinbase-incubated Layer 2 network Base is entering a new phase of its development, moving toward…
Zora has officially launched its new “attention market” on the Solana blockchain, marking a bold…
The XRP Ledger has introduced a new on-chain trading framework that signals a notable shift…
A new milestone in the evolution of crypto investment products is set to unfold as…
A major milestone is unfolding in the blockchain economy as Polygon records a historic “flippening”…