Today Attention...!!!!🔥🔥🔥Tesla and Binance in Futures.
In technical terms, the perpetual contract TSLAUSDT replicates the behavior of the stock price of Tesla Inc., which trades on the Nasdaq under the ticker TSLA, through a derivative settled in USDT.
According to the official announcement, traders will be able to operate with a maximum leverage of up to 5 times, allowing for both long and short positions based on expectations about price evolution.
Moreover, the contract structure under Binance's USDS-M model, with margin and settlement in USDT, provides greater operational flexibility. In this scheme, the minimum trade size is set at 0.01 TSLA, with a minimum notional value of just 5 USDT, thus reducing the entry barrier for retail users.
On the other hand, funding rates will be settled every four hours and will be limited to a range of +2% to -2%. Likewise, the contract will be available for trading 24 hours a day, seven days a week, and will be compatible with Multi-Asset Mode, allowing for more efficient margin management across different instruments.
#Tesla #Binance