Binance Futures Will Launch WAVES/USDT Perpetual Contract With Up To 50x Leverage
Binance has announced that they will soon be offering traders access to up to 50x leverage on the token of WAVES. In the announcement, the company stated that the WAVES/USDT perpetual contracts will begin trading at 2020/08/12 7:00 AM (UTC) and users will be able to select the leverage they want ranging from a minimum of 1x up to a maximum of 50x. The WAVES/USDT perpetual contract is a USDT-margined futures contract that uses USDT as collateral.
— Binance (@binance) August 11, 2020
Waves ( WAVES) is an open-source, decentralized Blockchain platform, allowing anyone to issue tokens and build their own applications. Waves’ decentralized platform also facilitates capital mobilization and trading of financial instruments on Blockchain. Through Waves, you can launch ICO projects from anywhere in the world in as little as 1 minute without going through the complicated cryptocurrency encryption process.
As AZCoin News reported, the blockchain platform Waves has a partnership agreement with the one-click blockchain node platform Ankr. With this partnership, Waves users will be able to deploy their node and lease out their WAVES tokens securely.
The collaboration is mutually beneficial to both companies. Waves believes that its integration with Ankr’s one-click node-deployment solution will help it to further its commitment to enable both users and WAVES token holders to store their coins and collect revenue as well.
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