Dogecoin Gets 75x Leverage USDC Perpetual Contract on Binance

• Binance Futures will commence the USDC Dogecoin pair on Thursday.
• The exchange offered a 10% discount on fees on all USDC-margined futures contracts.
• Using the Multi-Assets Mode, users can trade the DOGEUSDC perpetual contract across multiple margin assets.

Leading crypto trading platform Binance has moved to launch the USDC-margined Dogecoin (DOGE) Perpetual Contract with a 75-fold leverage limit. The platform communicated this development in a recent statement via an official blog, noting the move is to enrich the trading landscape and provide users with more diverse options.

Per the disclosure, Binance Futures will commence the USDC Dogecoin pair for perpetual contract starting Thursday, January 18, at 10:00 (UTC). This latest addition will allow users to trade DOGE with leverage of up to 75x, providing an opportunity for enhanced market exposure.

Furthermore, the exchange noted that the DOGEUSDC perpetual contract features a capped funding rate of +0.3750% / -0.3750%. It also has a funding fee settlement occurring every eight hours and a round-the-clock trading availability window.

Notably, to encourage user participation, Binance Futures offered a …

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