Binance Launches New DEGENUSDT Perpetual Contract with 75x Leverage

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The post Binance Launches New DEGENUSDT Perpetual Contract with 75x Leverage appeared first on Coinpedia Fintech News

Binance Futures is set to launch the DEGENUSDT Perpetual Contract on November 15, 2024, at 11:30 UTC, offering traders the chance to trade with up to 75x leverage. However, Binance has not listed any spot trading pairs for DEGENUSDT yet. The DEGEN token is based on the Base chain and was originally introduced as a reward token for participants in the Farcaster Degen channel. This new contract offers an exciting opportunity for traders looking to leverage the growing interest in the DEGEN token.

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