Binance contract platform to launch perpetual contracts on November 8, 2024. The maximum leverage will be up to 75 times. The first contract to be renewed will be GRASSUSDT at 23:30 East Eighth District time. DRIFTUSDT perennial contract will follow at 23:45 on the same day. Finally, SWELLUSDT perennial contract will be launched at 00:00 on November 9, 2024.
In simple words, Binance, a big online place where people trade things, will have new contracts for people to trade. These new contracts will let people trade more, up to 75 times more. They’ll start letting people use these new contracts on November 8, 2024. The first one for trading will be for something called GRASSUSDT, then DRIFTUSDT, and lastly SWELLUSDT.
