journalfront

Futures

Binance Futures to Launch 4 New Perpetual Contracts with 75x Leverage

2024-12-10

Dear Binancians, Binance Futures is set to bring an exciting addition to the trading arena. With the aim of providing a wider range of trading options and an enhanced trading experience, several perpetual contracts are about to be launched.

Unlock New Trading Possibilities with Binance Futures

2024-12-10 12:00 (UTC): RAYSOLUSDT Perpetual Contract

This RAYSOLUSDT Perpetual Contract is one of the key offerings by Binance Futures. It allows traders to engage in continuous trading without the need for settlement. The specific details and features of this contract make it an attractive option for those looking to diversify their trading portfolio. With a launch time of 2024-12-10 12:00 (UTC), it provides a timely opportunity for traders to enter the market. The contract address for verification is 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R. This ensures transparency and security for traders, giving them confidence in their trading activities.Moreover, the maximum funding rate at the time of launch is set at +2.00% / -2.00%. This rate plays a crucial role in the smooth functioning of the futures market and helps in maintaining price stability. The funding fee settlement frequency is every four hours, which provides traders with regular opportunities to adjust their positions and manage their risks.

2024-12-10 12:15 (UTC): KOMAUSDT Perpetual Contract

The KOMAUSDT Perpetual Contract is another significant addition to Binance Futures. It offers traders a unique trading instrument with its own set of characteristics and advantages. Launched at 2024-12-10 12:15 (UTC), it provides an alternative trading option for those who prefer different timeframes. The contract address for verification is 0xd5eaAaC47bD1993d661bc087E15dfb079a7f3C19. This allows traders to easily verify the authenticity and validity of the contract.In terms of funding, the maximum funding rate for this contract is also +2.00% / -2.00% at launch. The regular funding fee settlement every four hours ensures that traders can stay on top of their positions and manage their risks effectively. The Multi-Assets Mode enables traders to trade this contract across multiple margin assets, subject to applicable haircuts. For example, when the Multi-Assets Mode is activated, traders can use BTC as margin, providing them with more flexibility and options.

2024-12-10 12:30 (UTC): VIRTUALUSDT Perpetual Contract

The VIRTUALUSDT Perpetual Contract brings a new dimension to Binance Futures trading. Launched at 2024-12-10 12:30 (UTC), it offers traders a chance to participate in the virtual assets market. The contract address for verification is 0x44ff8620b8cA30902395A7bD3F2407e1A091BF73. This ensures that traders have a clear and reliable way to verify the contract.The maximum funding rate at launch is +2.00% / -2.00%, similar to the other perpetual contracts. The regular funding fee settlement every four hours helps in maintaining the market equilibrium. With the Multi-Assets Mode, traders can use various margin assets to trade this contract, adding to the flexibility and accessibility of the trading platform.

2024-12-10 12:45 (UTC): SPXUSDT Perpetual Contract

The SPXUSDT Perpetual Contract is a notable offering by Binance Futures. Launched at 2024-12-10 12:45 (UTC), it provides traders with an opportunity to trade on the SPX index. The contract address for verification is 0xe0f63a424a4439cbe457d80e4f4b51ad25b2c56c. This allows traders to easily verify the contract and ensure its authenticity.The maximum funding rate at launch is +2.00% / -2.00%, and the regular funding fee settlement every four hours helps in managing risks. The Multi-Assets Mode enables traders to use different margin assets when trading this contract, providing them with more options and strategies.It's important to note that Binance may adjust the specifications of these Futures contracts from time to time based on market risk conditions. These adjustments include the funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements. Traders need to stay updated and adapt to these changes to make informed trading decisions.Futures and spot token listings are not correlated, and a token listed on Binance Futures does not guarantee its listing on Binance Spot. Traders should be aware of this and make their trading decisions based on their individual strategies and risk tolerance.There may be discrepancies between the original English content and any translated versions. It is recommended to refer to the original English version for the most accurate information.Thank you for your support! Binance Team2024-12-10Note: This announcement was last updated on 2024-12-10 to change the ticker of Raydium to “RAYSOLUSDT”.Trade on-the-go with Binance’s crypto trading app (iOS/Android)Find us on Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.Disclaimer: In compliance with MiCA requirements, from 2024-06-30, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated without your consent. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.

The world of finance is a complex and ever-changing landscape. With the rise of cryptocurrencies, contracts for difference (CFDs), and various trading instruments, it's essential to have accurate information and make informed decisions. On our website, we provide a wealth of general news, personal analyses, and content from third parties, all aimed at helping you make educated choices. However, it's crucial to remember that this information is not a substitute for professional advice. When it comes to financial matters, always perform your due diligence and consult competent advisors.

Important Disclaimers

The content on our website serves multiple purposes. It includes general news and publications, our personal analyses and opinions, as well as materials provided by third parties. This content is intended for educational and research purposes only and should not be construed as investment advice or a recommendation to take any action. When making financial decisions, it's your responsibility to conduct your own research and apply your discretion.Each financial decision you make has its own risks. The information on our website is not always real-time or accurate. Prices provided may be from market makers rather than exchanges. We do not take into account your individual financial situation or needs. It's important to be aware that trading or using any financial information on our website comes with full responsibility on your part. We do not provide any warranties regarding the information and will not be held liable for any trading losses you may incur.Our website may also contain advertisements and promotional content. We receive compensation from third parties in connection with this content, but we do not endorse or recommend their services. You should be cautious and make your own decisions when interacting with third-party websites or services.

Understanding Cryptocurrencies and CFDs

Cryptocurrencies and CFDs are complex financial instruments that carry a high risk of losing money. It's crucial to understand how these instruments work before investing. Cryptocurrencies operate in a decentralized manner, with their values often fluctuating rapidly. CFDs, on the other hand, involve trading on the price differences of underlying assets. Both require a deep understanding of the market and a willingness to accept significant risks.When considering investing in these instruments, it's essential to research the market thoroughly. Look at historical trends, market conditions, and the reputation of the entities involved. Don't rely solely on the information provided on our website. Seek additional sources and consult with experts to gain a more comprehensive understanding.

Risk Management in Finance

In the world of finance, risk management is of utmost importance. Even with the most careful planning, there is always a chance of losing money. It's crucial to set clear risk tolerance levels and stick to them. Diversifying your investments is another key aspect of risk management. By spreading your investments across different assets and markets, you can reduce the impact of any single loss.When making financial decisions, it's also important to have a clear understanding of your goals and time horizons. Short-term investments may carry more risk than long-term ones, and vice versa. Be realistic about your expectations and avoid making impulsive decisions based on emotions or short-term market fluctuations.

Protecting Yourself in Finance

To protect yourself in the world of finance, it's essential to stay informed and vigilant. Keep an eye on market trends and news that may affect your investments. Regularly review your portfolio and make adjustments as needed. Be cautious of scams and fraudulent activities, and only deal with reputable entities.In addition, it's important to have a contingency plan in place. In case of unexpected events or market downturns, you should have a strategy to minimize losses and protect your assets. This may involve setting stop-loss orders or having emergency funds available.By following these principles and staying informed, you can navigate the complex world of finance with more confidence and make more informed decisions. Remember, your financial well-being is in your hands.

Oracle's (ORCL) stock faced a significant decline on Tuesday. The company reported fiscal second-quarter adjusted earnings that failed to meet Wall Street's expectations and provided weak guidance amid the intensifying competition among cloud services providers. Since the beginning of the year until Monday's close, the AI narrative surrounding Oracle had driven its stock to rise by more than 80%, outpacing the Nasdaq's 31% return over the same period. Since late June, Oracle shares have been trending upward within a rising wedge pattern on the chart, which typically indicates a potential downside reversal upon a breakdown. More recently, the stock reached a new record high on Monday but then experienced a dramatic intraday reversal with above-average volume, closing lower for the day and forming a bearish dark cloud cover candlestick pattern. On Tuesday, the stock gapped below the wedge's lower trendline, potentially triggering further earnings-related selling. The first support level to keep an eye on is around $177, which is currently just below the 50-day moving average (MA). This price point could offer support near the upper range of a narrow consolidation period that formed on the chart throughout most of October. If the stock sells below this level, it may decline to the $165 level, where buying interest could be attracted near the trough of a minor pullback that occurred in late September. A decisive breakdown below that price sets the stage for a potential retest of lower support around $145. Bargain hunters might look for buying opportunities in this region near the closely watched 200-day MA and several peaks that emerged in June and July.

Oracle Stock's Plunge and Key Support Levels

Oracle's Stock Performance and Earnings Disappointment

Oracle's stock had been on a remarkable upward trajectory since the start of the year, driven by the AI narrative. However, the company's fiscal second-quarter adjusted earnings came in below Wall Street expectations, sending shockwaves through the market. This unexpected turn of events led to a significant sell-off in Oracle's stock on Tuesday. The gap below the rising wedge's lower trendline further adds to the bearish sentiment surrounding the stock.

The AI-driven rally that had propelled Oracle's stock to new heights now seems to be losing momentum. Investors are closely watching the support levels to determine the next course of action. The $177 level, just below the 50-day MA, is likely to be a crucial battleground. If the stock can hold above this level, there may be a chance for a recovery. But if it breaks below, the path could lead to further declines towards the $165 and potentially even the $145 level.

The Significance of Chart Patterns and Moving Averages

Chart patterns play a vital role in technical analysis, and the rising wedge pattern seen in Oracle's stock is a clear indication of a potential trend reversal. As the stock climbed to a new record high on Monday and then reversed sharply, it formed a bearish dark cloud cover candlestick pattern. This pattern suggests that the upward momentum has been exhausted and a downward move may be imminent.

The 50-day moving average and the 200-day moving average are also important indicators for investors. The 50-day MA currently acts as a resistance level, while the 200-day MA is a significant long-term support level. The stock's interaction with these moving averages will provide valuable insights into the future direction of the stock. If the stock can stay above the 50-day MA and find support near the 200-day MA, it may indicate a more stable market environment.

Support and Resistance Levels and Buying Opportunities

The support levels identified in Oracle's stock are crucial for investors looking to make informed decisions. The $177 level near the 50-day MA provides an initial level of support. If the stock manages to hold above this level, it could indicate that the selling pressure is easing and a bounce-back may be on the cards. However, a break below this level could lead to a more significant decline towards the $165 level.

At the $165 level, there is a potential for buying interest to emerge as it接近 the trough of a minor pullback in late September. This could present a buying opportunity for bargain hunters. Additionally, the $145 level near the 200-day MA is another key support level. If the stock reaches this level and finds support, it may attract long-term investors looking for value. However, a sustained breakdown below this level could raise concerns about the long-term health of the stock.