#Binance launches MELANIA contract#

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Overview

Binance is about to launch the MELANIAUSDT perpetual contract, which supports up to 25x leverage. The contract will be launched at 09:30 (UTC) on January 20, 2025, with USDT as the settlement asset. The maximum funding rate is +2.00%/-2.00%, and the funding fee is settled every four hours. In addition to Binance, BitMEX, Bybit, Pionex and other trading platforms have already launched or are about to launch MELANIA perpetual contracts, supporting different leverage trading. In addition, Bitget has also launched TRUMP and MELANIA contract trading and offers new user reward activities.

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Analysis

Binance is about to launch the MELANIAUSDT perpetual contract, supporting up to 25x leverage. The contract will be launched on January 20, 2025, 09:30 (UTC), with USDT as the settlement asset and a funding rate cap of +2.00%/-2.00%. The funding fee will be settled every four hours. In addition to Binance, BitMEX, Bybit, Pionex and other exchanges have also launched or are about to launch MELANIA perpetual contracts, supporting up to 25x leverage. In addition, Bitget has also launched TRUMP and MELANIA contracts and launched a new user reward program. MELANIA is a token issued by Melania Trump. The launch of the contract means that the Trump family will all enter the cryptocurrency market.

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Classic Views

Binance will list MELANIAUSDT perpetual contract, supporting up to 25x leverage.

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The launch of MELANIA token brings the Trump family together in the cryptocurrency market.

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Multiple trading platforms such as Bybit, BitMEX, and Pionex have already listed or are about to list MELANIA perpetual contracts.

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The launch of MELANIA perpetual contracts provides new trading opportunities for investors, but it also carries high risks.

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