Binance Futures Will Launch BLZ Perpetual Contract With Up to 50x Leverage

Binance Futures will launch BLZ/USDT perpetual contract with trading opening at 2020/09/17 7:00 AM (UTC). Users will be able to select between 1-50x leverage. The BLZ/USDT perpetual contract is a USDT-margined futures contract that uses USDT as collateral.

About Binance Futures

Binance Futures allows traders to use leverage and to open both short and long positions. With its robust risk management system, which includes a sophisticated risk engine, smart liquidation model, and insurance funds, it provide traders with extra protection for highly leveraged trading.

▶️Full announcement:

https://www.binance.com/en/support/announcement/b27aa1a173554eb6885e99f9f9d0422e