Binance Futures Announces Listing Of ACE With 50x Leverage!
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Binance Futures Announces Listing Of ACE With 50x Leverage!

Binance has announced the listing of ACE offering in its Futures. This new perpetual contract will provide users with the flexibility to trade with up to 50x leverage, providing enhanced opportunities for strategic and leveraged trading.

The ACEUSDT Perpetual Contract will have a maximum funding rate of +2.00% / -2.00% at launch. To ensure transparent and frequent settlements, the funding fee will be paid every four hours, offering a dynamic trading environment for users.

Binance offers special benefits to qualified USDⓢ margin futures liquidity providers.

For the first 14 to 15 days post-launch, eligible providers will be able to enjoy a 0.005% maker fee discount on transactions they execute on the ACEUSDT Perpetual Contract.

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It is important to note that Binance reserves the right to adjust the specifications of the ACEUSDT Perpetual Contract as necessary in response to market risk conditions.

Possible adjustments may include items such as funding fee, tick size, maximum leverage, initial margin or maintenance margin requirements.

The introduction of Multi-Entity Mode adds an additional layer of flexibility for users. 

This feature allows traders to participate in ACEUSDT Perpetual Contract transactions using a variety of collateral assets, subject to applicable margin deductions.

For example, when Multi-Asset Mode is enabled, participants can use BTC as collateral when trading ACEUSDT Perpetual Contract.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.