Binance Introduces COINUSDT USD-margined Perpetual Contract

Binance Futures has introduced a new type of contract called COINUSDT, which is designed for traders who want to speculate on cryptocurrency markets using a stablecoin as collateral.

The COINUSDT contract allows users to trade with up to 20x leverage, making it an attractive option for traders looking to maximize their potential returns.

However, users should be aware that trading with high leverage can also increase the risk of significant losses. To mitigate this risk, Binance Futures requires users to use USDT as collateral when trading on COINUSDT contracts.