© Reuters
GLOBAL – Binance Futures announced the launch of a new DOGE perpetual contract with USDC margin. The addition is scheduled for Thursday at 10:00 UTC and will allow traders to trade Dogecoin, which is currently the tenth largest cryptocurrency by market capitalization, alongside other major cryptocurrencies.
The introduction of the USDC-margined DOGE perpetual contract is part of Binance Futures’ ongoing efforts to expand its offering. Earlier this month, the platform began offering USDC margin options for major cryptocurrencies, marking a significant improvement in its trading services. This initiative by Binance Futures reflects the growing demand for more diversified trading products in the dynamic cryptocurrency market.
With the integration of Dogecoin into its futures trading platform, Binance Futures offers traders additional opportunities for diversification and speculation in the cryptocurrency space. Dogecoin, which started as a meme-inspired cryptocurrency, has gained considerable popularity and market value, making it a notable addition to the futures market.
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