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In a notable development within the cryptocurrency arena, Binance has officially announced the launch of a multi-collateral USDC perpetual contract featuring an impressive leverage of up to 25x. This initiative is set to expand Binance’s offerings significantly, providing traders with enhanced opportunities. The perpetual contracts will commence on March 5, 2025, with the KAITO/USDC pairing going live at 10:00 UTC and the IP/USDC following shortly thereafter at 10:15 UTC. Subsequent contracts, including TRUMP/USDC and ADA/USDC, are scheduled for launch on March 6, with PNUT/USDC and HBAR/USDC following on March 7. This strategic move by Binance not only reflects its ongoing commitment to innovation in the crypto trading space but also highlights the growing interest in indexed cryptocurrencies. Traders should prepare for these openings, which promise to enhance market dynamics significantly.
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