The post Binance Launches USD-Collateralized QUICK Perpetual Contracts with 75x Leverage appeared on BitcoinEthereumNews.com.

**Binance Launches USD-Collateralized QUICK Perpetual Contract with 75x Leverage** In a groundbreaking announcement, Binance has unveiled its plans to introduce a USD-collateralized QUICK perpetual contract with an impressive leverage of up to 75 times. This move is set to attract significant attention in the crypto trading community, particularly among those looking to capitalize on the volatility of the $QUICK token, currently priced at $0.0527. However, experts are cautioning that such high leverage can lead to extreme market fluctuations. The potential for amplified gains comes with equally significant risks, which may result in high volatility across trading pairs. As traders prepare for this new offering, it’s essential to stay informed and approach this development with careful consideration. With the launch of this contract, Binance aims to further solidify its position as a leading cryptocurrency exchange, while traders will need to navigate the potential pitfalls of high-leverage trading. Whether this innovation will prove beneficial or detrimental remains to be seen, but it undoubtedly adds another layer of intrigue to the rapidly evolving crypto landscape. Don’t forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news. Source: https://en.coinotag.com/breakingnews/binance-launches-usd-collateralized-quick-perpetual-contracts-with-75x-leverage/

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Filed under: News - @ September 6, 2024 4:09 am