😱🚨Binance Drops a Bomb! This Altcoin is Getting Listed on Futures🚀🚀
#Binance the world's largest cryptocurrency exchange, announced the addition of the Lighter Protocol (#LIT ) to its cryptocurrency trading platform.
📌 LITUSDT perpetual futures contract,
⏰ became available on the pre-market from 18:15 UTC on December 23.
🔍 What is LIT?
LIT is the native token of the Lighter Protocol, focusing on perpetual cycle trading.
🔹 Documented on Ethereum
🔹 Utilizing a zero-knowledge rollup architecture
🔹 Offers a trading presentation that will provide latency reduction and instantaneous finality.
⚙️ Contract Details:
▫️ Maximum 5x leverage
▫️ Funding amounts are updated every 4 hours
▫️ Pre-market funding limit: 0.005%
▫️ Normal trading process funding range: -2% / +2%
🔄 Multi-Asset Mode Support
Users will be able to use different assets such as BTC as collateral in LITUSDT contracts.
⚠️ Binance specifically emphasized that leverage, collateral, and trading limits may be subject to change depending on market conditions.
📊 Binance futures listings generally increase volatility. LIT should be closely monitored in the coming hours 👀
⚠️ This is not investment advice.
