Binance Launches Futures For A New Altcoin: Price Jumps!

Binance, the world’s largest cryptocurrency exchange, will launch perpetual futures for an altcoinannounced its network.

Binance Tuesday, May 9 day Tether (USDT) margin up to 20x leverage for UMA (UMA) to initiate futures reported.

In his post funding rates, maximum leverage and minimum trading limit Binance, stating that the UMAUSDT contract 10 May CET at 15.30 announced its release. Also, Binance said that it may change the details of the contract depending on the market conditions.

On the other hand, Binance offers for the trading pair to be opened. Bitcoin (BTC) announced that collateral can be made using

With explanation according to CoinGecko data $2,917from 8% with a rise $3,152 reaching UMA, in the last 24-hour period gains 13% and while typing from $3.12 is being traded.

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