The post Binance to Launch USD-Backed RPL Perpetual Contract with 75x Leverage appeared on BitcoinEthereumNews.com.

**Binance Launches USD-Supported RPL Perpetual Contract with 75x Leverage** In a significant move for the crypto trading community, Binance has announced the launch of a USD-supported perpetual contract for $RPL, offering an impressive leverage of 75x. This development is expected to enhance trading volume and potentially influence the price of RPL positively. As of now, the price of $RPL stands at $10.8280, making it an attractive option for traders seeking high-risk, high-reward strategies. The introduction of such a high leverage product could draw more market participants, fostering increased activity in the trading of the token. Analysts note that Binance’s initiative could lead to a substantial uptick in trading actions, which might play a crucial role in driving the price of $RPL higher. Traders are advised to approach this opportunity with caution, keeping in mind the inherent risks associated with leveraged trading. 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-to-launch-usd-backed-rpl-perpetual-contract-with-75x-leverage/

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Filed under: News - @ September 9, 2024 1:26 pm