Binance Adds Four More Stock Perpetuals With Up To 20x Leverage

Crypto Insight Summary: TL;DR Binance Futures is adding USDT-settled perpetual contracts tracking StablecoinX, Viking Therapeutics, McDonald’s and Akamai. The contracts trade 24/7 and support leverage of up to 20x. They are derivatives that track the underlying equities; buyers do not receive the actual shares. Binance is continuing to blur the line between a crypto derivatives venue and an […] Crypto Insight Analysis: Direction: Bullish BNB Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: New stock perpetuals increase trading volume and fees for Binance, boosting BNB demand.