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Binance Futures will list RPL on September 9, 2024 at 15:30 CET.
Investors will be able to leverage their positions up to 75x, providing greater opportunities for both risk management and potential returns.
Binance Futures to Launch USDⓈ Collateralized RPL Perpetual Contract with 75x Leverage
Key Features:
Maximum Leverage: Up to 75x leverage is available to traders.
Funding Rate: At launch, the funding rate will be capped at +2.00% / -2.00%.
Funding Fee: Settlement occurs every four hours.
Binance also emphasized that contract features such as funding fees, tick size, and leverage may be adjusted periodically based on market conditions. Users should be aware of possible changes to ensure optimal trading strategies.
Multi-Entity Mode:
For added flexibility, Binance’s Multi-Asset Mode allows users to trade the RPL/USDT Perpetual Contract using various margin assets such as BTC, depending on the applicable cut-off.
This new contract adds to the growing list of perpetual futures offered on Binance, aiming to enhance the trading experience and increase options for users.
*This is not investment advice.