Cryptocurrency

Vanar Chain

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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/binance-launches-50x-leverage-for-vanry-perpetual-contracts/" data-wpel-link="internal">Binance Launches 50x Leverage for VANRY Perpetual Contracts</a><br></p>
<p style="text-align: justify"><a href="https://coin-turk.com/3-buyuk-kripto-para-dibe-yakin-bunlari-fiyati-ucusa-gecebilir" data-wpel-link="internal">Cryptocurrency</a> exchange <strong><a href="https://en.coin-turk.com/horizen-decides-against-privacy-features-what-it-means-for-investors/" data-wpel-link="internal">Binance</a></strong> made a critical announcement today. According to the announcement, as a reflection of the expansion of trading options, Binance introduced the VANRY perpetual contract with up to 50x leverage. Let’s look at the details of this development.</p> 
<h2 style="text-align: justify" id="50x-leverage-trading-for-vanry-begins">50x Leverage Trading for VANRY Begins</h2> 
<p style="text-align: justify">In a statement regarding the matter, Binance announced that the VANRY perpetual contract will be launched on March 13 at 20:30 Turkey time. This contract will offer up to 50x leverage.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-326125 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/Binance-Altcoin-Destek.png" alt="" width="2384" height="1354"></p> 
<p style="text-align: justify">Binance also released a breakdown of what the VANRY perpetual contract includes in its announcement. The details are as follows:</p> 
<ul> 
 <li style="text-align: justify">&nbsp;&nbsp;&nbsp; Launch time: March 13, 2024, at 20:30 Turkey time.</li> 
 <li style="text-align: justify">&nbsp;&nbsp;&nbsp; Underlying Asset: Vanar Chain (VANRY)</li> 
 <li style="text-align: justify">&nbsp;&nbsp;&nbsp; Settlement Asset: <a href="https://coin-turk.com/populer-altcoin-rezervini-buyutuyor-tam-28-milyar-dolarlik-bitcoin-btc" data-wpel-link="internal">USDT</a></li> 
 <li style="text-align: justify">&nbsp;&nbsp;&nbsp; Tick Size: 0.00001</li> 
 <li style="text-align: justify">&nbsp;&nbsp;&nbsp; Capped Funding Rate: +2.00% / -2.00%</li> 
 <li style="text-align: justify">&nbsp;&nbsp;&nbsp; Funding Fee Settlement Frequency: Every Four Hours</li> 
 <li style="text-align: justify">&nbsp;&nbsp;&nbsp; Maximum Leverage: 50x</li> 
 <li style="text-align: justify">&nbsp;&nbsp;&nbsp; Trading Hours: 24/7</li> 
 <li style="text-align: justify">&nbsp;&nbsp;&nbsp; Multi-Asset Mode: Supported.</li> 
</ul> 
<h2 style="text-align: justify" id="important-points-to-note">Important Points to Note</h2> 
<p style="text-align: justify">Binance reminded during the launch that the maximum funding rate for the VANRYUSDT Perpetual Contract is +2.00% / -2.00% and emphasized that funding fees are paid every four hours.</p> 
<p style="text-align: justify">Binance also noted that market risk conditions may require adjustments to the VANRYUSDT Perpetual Contract features, including funding fees, tick sizes, maximum leverage, initial margin, and/or maintenance margin requirements.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/binance-launches-50x-leverage-for-vanry-perpetual-contracts/" data-wpel-link="internal">Binance Launches 50x Leverage for VANRY Perpetual Contracts</a></h5>

Binance Launches 50x Leverage for VANRY Perpetual Contracts

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