Binance Futures Introduces MOCAUSDT Perpetual Contracts with 75x Leverage

Binance Futures has announced the launch of USDⓈ-Margined MOCAUSDT Perpetual Contracts, offering leverage of up to 75x to enhance trading opportunities for its users. The contracts will go live on December 16, 2024, at 11:30 UTC, adding to the platform's growing list of futures trading options.Key Features of MOCAUSDT Perpetual Contracts:Underlying Asset: Moca Network (MOCA)Settlement Asset: USDTTick Size: 0.0001Funding Fee Settlement Frequency: Every four hoursCapped Funding Rate: +2.00% / -2.00%Maximum Leverage: 75xTrading Hours: 24/7Multi-Assets Mode: Supported (allows BTC as margin)Important Notes:Funding Rate and Frequency: The funding rate will be capped at +2.00% or -2.00%, with fees settled every four hours.Verification: The contract address for Moca Network is 0xf944e35f95e819e752f3ccb5faf40957d311e8c5.Flexibility: Multi-Assets Mode enables traders to use various margin assets like BTC for trading MOCAUSDT contracts.Binance reserves the right to adjust contract specifications, including funding fees, leverage, and margin requirements, based on market risk conditions.