Binance has good news for Shiba Inu (SHIB)! Binance, the world’s largest cryptocurrency exchange, started the day with an altcoin announcement.
Finally, regarding Shiba Inu (SHIB), Binance announced that it will launch margined futures trading on USD Coin (USDC) with a maximum leverage of 50x on 1000SHIB.
“In order to expand the trading options of the Binance Futures trading platform and improve users’ trading experience, the Binance Futures trading platform will launch the USDC margin 1000SHIB perpetual contract at 07:00 (UTC) on March 28, 2024, with a leverage ratio of up to 50 times.
Currently, users will be able to take advantage of a 10% promotional trading fee discount on all trades in USDC-collateralized futures contracts. Starting at 12:30 on April 3, 2024 (UTC), users will be able to enjoy 0% Maker fees and 0.017% Taker fees on all transactions in USDC margin futures contracts. "
After the Binance announcement, SHIB rose by more than 6% in the past 24 hours due to the rise in the broader market.
