In a recent update from COINOTAG News, Binance Futures has announced a modification to the funding rate cap for the ALPACAUSDT perpetual contract. This adjustment will take effect on April 29, 2025, at 18:00 (UTC+8). Such changes are critical for traders as they directly influence the cost of holding positions in perpetual futures. The updated funding rate underscores Binance’s commitment to fostering a balanced trading environment and reflects ongoing adjustments in response to market dynamics. Traders are advised to monitor this update closely to optimize their trading strategies, ensuring informed decisions in the fast-paced world of cryptocurrency. As always, understanding the implications of funding rates is essential for managing risk effectively in volatile markets.
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024