Binance, the leading cryptocurrency exchange globally, has exciting news for meme coin enthusiasts. On October 24, 2024, they will introduce a futures contract for the popular meme coin, Goatseus Maximus (GOAT).
This new GOATUSDT perpetual contract will allow traders to leverage their positions by up to 75 times, making it an enticing option for those looking to maximize their potential gains.
The announcement has already sparked interest, with GOAT’s price jumping 20% in just 24 hours, reflecting the buzz around the upcoming listing and the general enthusiasm for meme coins. The contract will be settled in USDT, a stablecoin, and will have a tick size of 0.0001, providing traders with flexibility.
Moreover, Binance is offering a multi-assets trading mode, enabling users to use various margin assets, including Bitcoin (BTC) and Ethereum (ETH), for trading the GOATUSDT contract. Funding fees will be settled every four hours, adding to the dynamic trading environment.
