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<p>Binance Futures is adding a new trading option for rocket pool tokens: the RPL/USDT Perpetual Contract. Starting September 9, 2024, at 12:30 UTC, traders can leverage up to 75x with Rocket Pool (RPL) against Tether (USDT). </p> 
<p>Users can trade the RPLUSDT perpetual contract using multiple margin assets, including BTC, through the Multi-Assets Mode.</p> 
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  <img loading="lazy" decoding="async" width="480" height="475" src="https://www.cryptotimes.io/wp-content/uploads/2024/09/B.png" alt="Binace Futures Rocket Pool RPL" class="wp-image-200645">
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   Source: <a href="https://x.com/BinanceFutures/status/1833093448708272171" target="_blank" rel="noreferrer noopener nofollow">Twitter</a>
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<p>This new addition aims to cater to the growing demand for RPL trading and provide users with more diverse investment opportunities. It will be available 24/7, providing more trading flexibility.</p> 
<p>The contract <a href="https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-rpl-perpetual-contract-with-up-to-75x-leverage-1aa255e593f140c3a7d76f543ed4a540" target="_blank" rel="noreferrer noopener nofollow">features</a> a tick size of 0.01 and a funding rate capped at +2.00% / -2.00%, with fees settled every four hours. This setup enhances trading opportunities and risk management.&nbsp;</p> 
<p>Binance reserves the right to adjust the contract’s specifications, including the funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements, based on market conditions.</p> 
<p>Interestingly, the announcement coincided with Rocket Pool’s social media silence since 19 December 2023. Despite this, RPL’s price surged by 30% following the news, stabilizing at a 25% gain.</p> 
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  <img loading="lazy" decoding="async" width="1024" height="476" src="https://www.cryptotimes.io/wp-content/uploads/2024/09/image-39-1024x476.png" alt="RPL’s price" class="wp-image-200678">
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   source: <a href="https://www.coingecko.com/en/coins/rocket-pool" target="_blank" rel="noreferrer noopener nofollow">coingecko</a>
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<p>Binance Futures’ Multi-Assets Mode allows traders to use various cryptocurrencies, like BTC, as a margin, offering more ways to manage trades. Binance may adjust the contract’s specifics based on market conditions, ensuring it remains flexible and responsive.</p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p>Also Read: <a href="https://www.cryptotimes.io/2024/09/06/binance-launches-neiro-perpetual-contract-with-75x-on-futures/" target="_blank" rel="noreferrer noopener">Binance Launches NEIRO Perpetual Contract with 75x on Futures</a></p> 
</blockquote>

Binance Futures Launches Rocket Pool RPL with 75x Leverage

The Crypto Times

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