1. Aiwaka AdventuresHome
  2. Metaverse Matters

Binance Announces Launch of EDU 1-20 Times U-Standard Perpetual Contract

• Metaverse Matters • 88 views

On April 28th, according to the official announcement, Binance will launch the EDU 1-20 times U-standard perpetual contract on April 30th, 2023 at 20:00 (Eastern Eighth District Ti

Binance Announces Launch of EDU 1-20 Times U-Standard Perpetual Contract

On April 28th, according to the official announcement, Binance will launch the EDU 1-20 times U-standard perpetual contract on April 30th, 2023 at 20:00 (Eastern Eighth District Time).

Binance will launch EDU1-20 times U-standard perpetual contract

Binance has recently announced the launch of its new financial product, the EDU 1-20 times U-standard perpetual contract, scheduled to be launched on April 30th, 2023 at 20:00 (Eastern Eighth District Time). This new contract is aimed at providing greater flexibility and trading options for users, especially those who are looking to hedge their investments and manage their risks.
# What is the EDU 1-20 times U-Standard Perpetual Contract?
The EDU 1-20 times U-standard perpetual contract is a new financial product that will be offered by Binance. It is a type of derivative that allows users to trade on the market movements of an underlying asset without actually owning it. Users can take long or short positions on the contract, which means that they can bet on the price of the underlying asset going up (long) or down (short).
The new contract will be fully collateralized, meaning that traders will have to deposit an initial margin to open a position, and then maintain a minimum level of margin throughout the life of the contract. This ensures that traders have sufficient funds to cover any losses that might occur due to adverse market movements.
# Advantages of the EDU 1-20 times U-Standard Perpetual Contract
The EDU 1-20 times U-standard perpetual contract offers a number of advantages for traders, including:
1. Greater Flexibility: The contract allows traders to take long or short positions on an underlying asset, allowing them to hedge their investments and manage their risks.
2. High Leverage: The contract offers high leverage of up to 20 times on the position size.
3. Low Fees: The fees for trading the contract are very low, making it an attractive option for traders.
# How to Trade the EDU 1-20 times U-Standard Perpetual Contract
To trade the EDU 1-20 times U-standard perpetual contract, users will need to have a Binance account and sufficient funds in their account to meet the initial margin requirement. Once these requirements are met, users can open a position on the contract and start trading.
It is important to note that trading derivatives such as the EDU 1-20 times U-standard perpetual contract involves a high level of risk and should only be done by experienced traders who understand the risks involved.
# Conclusion
The launch of the EDU 1-20 times U-standard perpetual contract by Binance is aimed at providing greater flexibility and trading options for users, while also enabling them to hedge their investments and manage their risks. With its high leverage, low fees, and fully collateralized structure, the contract is an attractive option for traders looking to trade on the price movements of an underlying asset.
# FAQs
1. What is a perpetual contract?
A perpetual contract is a type of derivative that allows traders to take long or short positions on an underlying asset without actually owning it.
2. What is the margin requirement for the EDU 1-20 times U-standard perpetual contract?
The margin requirement for the EDU 1-20 times U-standard perpetual contract is the initial deposit that a trader must make to open a position on the contract.
3. Is trading the EDU 1-20 times U-standard perpetual contract risky?
Yes, trading derivatives such as the EDU 1-20 times U-standard perpetual contract involves a high level of risk and should only be done by experienced traders who understand the risks involved.
#

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/04/28/binance-announces-launch-of-edu-1-20-times-u-standard-perpetual-contract/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 04/28/2023 14:15
Next 04/28/2023 15:24

Recommended articles