Binance to Launch QUICKUSDT Perpetual Contract

Bittime - Learn about the QUICKUSDT perpetual contract on Binance Futures that allows QUICK trading with up to 75x leverage with no expiration date. Discover risk management tips for trading crypto with high leverage. Read more in this article!

What Is a QUICKUSDT Perpetual Contract?

Traders can trade QUICK (QuickSwap) crypto assets against USDT (Tether) via a futures contract system with no expiration date with the QUICKUSDT perpetual contract. 

This means that, provided they meet the necessary margin requirements, traders can maintain their positions for as long as they wish. Unlike regular futures contracts that have an expiration date, this is different.

Binance to Launch the QUICKUSDT Perpetual Contract

Shenzhen TechFlow report indicates that Binance Futures will officially launch the QUICKUSDT perpetual contract on September 6, 2024 at 13:00 Beijing time, adding to the list of perpetual contract pairs offered by Binance.

Read Also: X Empire Riddle of The Day September 7: Daily Riddle with Attractive Prizes

Key Features of QUICKUSDT Perpetual Contract

Leverage Up to 75x. Traders can control positions larger than their initial capital with high leverage. With 75x leverage, traders only need a small margin to access large positions.

Trading Tips With High Leverenge

Although high leverage offers the potential for large profits, the risk of loss also increases with the leverage used. 

Here are some tips for traders who want to take advantage of QUICKUSDT perpetual contracts with high leverage:

• Risk Management: Always use a stop loss to limit potential losses.

• Start with Low Leverage: If you are not used to high leverage, start with lower leverage to minimize risk.

• Actively Monitor the Market: With high leverage, small fluctuations in price can have a big impact on your position. Make sure to actively monitor the market and be ready to act quickly.

Conclusion

Crypto traders have a new opportunity to participate in QUICK trading due to the launch of the QUICKUSDT perpetual contract on Binance Futures. 

With such huge risks and potential profits, traders must ensure that they have a good risk management strategy before starting to trade. 

This contract may be an interesting opportunity for those who are optimistic about the future of QuickSwap and the Polygon ecosystem.

How to Buy Crypto on Bittime

You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.