Binance Futures announced that it will list SYS with 50x leverage.

The new offering will go live on August 19, 2024 at 15:30 CET and will allow traders to leverage their positions up to 50x.

The SYSUSDT perpetual contract will have a maximum funding rate of +2.00% / -2.00%, with funding fee payments occurring every four hours.

Binance noted that specifications, including funding fees, leverage, tick size, and collateral requirements, may be adjusted depending on market risk conditions.

Traders will also be able to take advantage of Binance’s Multi-Asset Mode, which allows them to use various margin assets such as Bitcoin (BTC) when trading the SYSUSDT perpetual contract.

This new launch underscores Binance Futures’ commitment to providing both flexibility and choice to its users by offering a wide range of trading instruments.

*This is not investment advice.