In another major announcement, Binance, the world’s largest cryptocurrency exchange, has revealed its latest altcoin futures listing, causing a significant price surge.
Binance Futures Introduces COS with 75x Leverage
As part of its effort to expand trading options and enhance user experience, Binance has announced the launch of COSUSDT perpetual contracts with up to 75x leverage. The new futures listing went live on September 30, 2024, at 13:00 UTC.
Binance stated, “In line with expanding the range of trading options available on Binance Futures and improving user experience, COSUSDT perpetual contracts with leverage up to 75x will be available starting at 13:00 UTC.”
COS Price Soars After Listing Announcement
Following the announcement, the price of COS experienced a sharp jump, reflecting the excitement and anticipation around the new futures offering. This price increase highlights the growing interest in Binance Futures and its expanding range of leveraged trading options.
With the introduction of COSUSDT perpetual contracts, traders now have the opportunity to maximize their positions in the altcoin market, driving even more market activity.
