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Binance's Game-Changing Move: Unveiling BIGTIME Perpetual Contracts - A New Era in Crypto Trading

Jack Evans
Oct 12, 2023 at 07:02 pm

The BIGTIME Revelation

Hot on the heels of the Blur Token saga, Binance has opted to take a similar path with BIGTIME. Instead of launching the token for spot trading, they've unveiled BIGTIME perpetual contracts, a strategic move that's making waves in the crypto community.

Opening Doors to the Masses

BIGTIME, as reported by CoinMarketCap, is not your run-of-the-mill cryptocurrency. It's a multiplayer action RPG that seamlessly fuses combat with an open gaming economy, all while embracing the prominent aspects of Web3. With Binance's latest announcement, the BIGTIME USDT Perpetual Contract comes to life, offering traders up to 20x leverage. However, it comes with a twist: Binance retains the flexibility to adapt various contract parameters, including funding fees, tick size, maximum leverage, initial margin, and maintenance margin prerequisites, depending on market dynamics.

A World of Possibilities with Multi-Assets Mode

But that's not all - the BIGTIME USDT Perpetual Contract introduces the innovative Multi-Assets Mode. This allows users to use various margin assets, including BTC, by applying relevant haircuts. In essence, it opens up a universe of trading possibilities, making BIGTIME more accessible and versatile for traders worldwide.

BIGTIME Soars to New Heights

In a captivating twist, just a day before this monumental announcement, the BIGTIME token made its debut on Coinbase, catapulting the crypto to unprecedented heights. As of this moment, BIGTIME has skyrocketed by an astounding 317.25% in the last 24 hours, securing a position at an impressive $0.27.

In the rapidly evolving world of cryptocurrencies, Binance's launch of BIGTIME perpetual contracts is a pivotal moment that showcases their commitment to innovation and adaptability. With a burgeoning gaming economy, extensive leverage options, and the meteoric rise of BIGTIME, the crypto landscape is in for a thrilling ride. The journey is only beginning, and traders worldwide are eager to embrace the boundless possibilities this new era in crypto trading offers. So, stay tuned, for the crypto revolution continues, and Binance is at the forefront, shaping the future of trading.

Read more: Galxe's Resilience Shines: Unveiling a $396,000 Fund Recovery Plan After a Recent Security Breach

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