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 at the moment at 3:15 PM.
Binance Futures Launches MONUSDT Futures Pre-Buying and selling
Based on 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 totally opens.
This characteristic presents a big alternative for traders trying to achieve early entry to the worth dynamics of newly listed tokens.
Monad (MON) stands out as a Layer-1 blockchain mission designed for prime scalability and compatibility with the Ethereum Digital Machine (EVM). The mission goals to supply a complicated infrastructure for decentralized purposes 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 range within the futures market.
The alternate additionally emphasised that it reserves the appropriate to make adjustments to contract options, corresponding to leverage ratio, funding payment and collateral necessities, based mostly on market threat circumstances.
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.
