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Coinbase to launch Solana perpetual futures; Will the SOL rally continue?

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While Bitcoin (BTC) and Ethereum (ETH) are guaranteed to take the spotlight in any crypto market rally , Solana (SOL) has again proven to be a strong performer during the latest current uptrend. Indeed, the cryptocurrency is up more than 174% over the last 30 days. Solana is also set to receive another boost soon as Coinbase (NASDAQ: COIN) is preparing to add support for its perpetual futures on its international exchange, as well as Coinbase Advanced, according to an announcement from Monday.  The launch is expected to take place on Tuesday, November 14, provided the liquidity conditions are met. @CoinbaseIntExch will add support for Solana and Avalanche perpetual futures contracts on Coinbase International Exchange & Coinbase Advanced. The opening of our SOL-PERP and AVAX-PERP markets will begin on or around 4pm UTC on 14 November 2023, if liquidity conditions are met. pic.twitter.com/D2QTV9k9Qe — Coinbase International Exchange ️ (@CoinbaseIntExch) November 12, ...

Binance Futures launches perpetual contract with 50x leverage

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Binance Futures, a prominent player in the cryptocurrency sector, is poised to enhance its offerings with the introduction of a new product. As of Oct. 15, Binance Futures has enabled crypto traders to tap into a new financial instrument, which allows for trading leverage up to a reported 50 times. According to Binance, the BOND/USDT Perpetual Contract, backed by the BarnBridge (BOND) token as its underlying asset and having Tether (USDT) as its settlement asset, presents a new opportunity for crypto enthusiasts. It operates 24/7, ensuring continuous trading availability for its users. The contract also comes with a tick size of 0.001 and a capped funding rate of +2.00% or -2.00%, with funding fee settlements set to occur every four hours. News of the new offering comes only days after Binance launched U-based BIGTIME perpetual contract s with up to 20 times leverage . You might also like: Binance CEO, colleagues face potential indictment in Brazil Additionally, Binan...