Binance Launches MBOX Perpetual Contract with Leverage Up to 75x

Bittime - Binance launches MBOXUSDT Perpetual Contract with up to 75x leverage, expanding trading options on its platform. Discover how this contract supports user flexibility with Multi-Asset Mode and advances the MOBOX ecosystem in the world of NFT gaming.

Binance Launches MBOX

To expand trading options on its platform, Binance Futures recently launched MBOXUSDT Perpetual Contract with up to 75x leverage. 

Binance stated that the exchange may change the specifications of the Perpetual Contract from time to time based on market conditions.

When Multi-Asset Mode is enabled, users can use various assets as margin when trading Perpetual Contracts. 

For example, they can use BTC as margin when trading Perpetual Contracts. The Binance Terms of Use and Binance Futures Services Agreement apply to the MBOXUSDT Perpetual Contract.

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What is MOBOX (MBOX)?

MOBOX is an NFT gaming ecosystem, built on Binance Chain. It combines yield farming in DeFi with gaming NFTs, and creates a play-to-earn gaming model that is free to play.

Binance Launches MBOX Perpetual Contract This Month

In Binance's efforts to expand its derivatives offerings, this contract, along with others launched this month, enhances the platform's user experience more than ever.

Conclusion

The launch of MBOXUSDT Perpetual Contract by Binance shows the exchange's efforts to continuously increase trading options on its platform. This gives users flexibility with up to 75 times leverage.

Multi-Asset mode makes trading more efficient as it allows users to use multiple assets as margin. 

Additionally, this launch shows Binance's commitment to improving the user experience of its ecosystem. 

This integration enhances Binance's position in the crypto market, especially in the DeFi and play-to-earn gaming sectors, thanks to MOBOX's capabilities as an inventive NFT gaming ecosystem.

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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. 

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