Binance Futures Is Launching Litecoin Perpetual Contracts Today

Just yesterday, the Binance Futures platform announced its fifth perpetual contract, pairing EOS with Tether’s USDT. And today it’s time for the sixth one.

Starting today, the Binance Futures platform is launching another perpetual contract with Litecoin. This time, Litecoin (LTC) is being paired with USDT making it the sixth perpetual contract on the platform.

Binance Futures Litecoin Contract

According to an official announcement from Binance, the LTC/USDT perpetual contract opened trading today at 8:00 AM (UTC). The recent announcement has a few similarities with previous ones. For example, just like the previous offerings, users are allowed to select leverage up to 75x.

The platform also announced that in an effort to prevent manipulation Binance futures Litecoin contracts will have a ±1% pricing limit. This limit, however, is only for the first 15 minutes.

As earlier mentioned, the LTC/USDT perpetual contract is the sixth one being launched on Binance Futures. The others, which are still available on the platform, are the BTC/USDT, ETH/USDT, BCH/USDT, XRP/USDT, and EOS/USDT contracts. Read More...