Binance Futures Will Launch SKL USDT-Margined Perpetual Contracts with up to 50X Leverage

Binance Futures will launch SKLUSDT perpetual contracts with trading open at 2020/12/08 7:00 AM (UTC). Users will be able to select between 1-50x leverage. The SKLUSDT perpetual contract is a USDT-margined futures contract that uses USDT as collateral.

Risk warning: Futures trading is a highly risky endeavor, with the potential for both great profits and significant losses. Please be aware that in the event of extreme price movement, there is a chance that all margin balance in your futures wallet may be liquidated.