Hold onto your hats, crypto fam! Binance Futures is about to inject some serious adrenaline into the market with the launch of the PROMPTUSDT perpetual contract on April 11th, 2025, at 14:30 (UTC+8). That’s right, another playground for us to stack sats and potentially make some serious bank!
And let’s talk leverage, shall we? Binance is pulling out all the stops, offering up to a whopping 25x leverage. Yeah, 25x! This is not for the faint of heart, people. It’s a high-risk, high-reward situation – so trade responsibly (or don’t, I’m not your mom!).
What are Perpetual Contracts, anyway?
Perpetual contracts are derivative agreements that don’t have an expiration date. Unlike typical futures contracts, you can hold them indefinitely, making them popular for long-term speculation.
Leverage: A Double-Edged Sword
Leverage magnifies both potential profits and losses. While it allows you to control a larger position with a smaller amount of capital, it dramatically increases risk. Proper risk management is key!
Why PROMPTUSDT?
PROMPTUSDT represents the value of Prompt (PROMPT) against Tether (USDT). This contract presents a new avenue for traders to capitalize on the price movements of the PROMPT token, a project gaining increasing attention in the crypto space.
