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Ponke (PONK) USDT Perpetual Contract With Up to 75x Leverage Ready to Roll on Binance Futures

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2024-11-08 15:56:18619browse

Binance Futures is all set to launch the PONKE USDT perpetual contract with a maximum leverage of 75X.

Ponke (PONK) USDT Perpetual Contract With Up to 75x Leverage Ready to Roll on Binance Futures

Ponke, which is fondly referred to as the “Golden child of Solana,” has been a favorite among online traders and gaming enthusiasts since day zero. Being built on Solana ensured that the novel digital asset could reap the benefits of Solana’s high-speed transactions and low fees. Moreover, it has always been driven by a sense of community building, which has been further accentuated by the token’s integration into major crypto exchanges, enhancing its accessibility to a wider audience.

But such integrations are only the tip of the iceberg, as news is out that a Binance Spot listing is up next for Ponke!

PONKE USDT Perpetual Contract With Up to 75X Leverage Ready to Roll

Binance Futures will launch the PONKE USDT perpetual contract with a maximum leverage of 75X. The offering is supported by a multi-assets mode, which enables users to trade the contract across multiple margin assets, subject to the applicable haircuts.

With this mode activated, users can use BTC as a margin during their trades. All trades will have Ponke as their underlying asset and USDT as their settlement asset. Funding fee settlements will happen every four hours.

Getting a Binance Futures listing is a big deal for any crypto project. With access to over 250 F&O contracts, strengthened by trading tools, margin modes, and 24/7 expert customer support, Binance Futures is perhaps the most celebrated name in the crypto trading circuit.

It offers trades at ultra-competitive pricing. Binance Futures’ fees are probably the lowest in the market, and the bid/ask spread is the tightest. Built with an industry-leading matching engine that offers high transactions per second on a range of web, app, desktop, and trading platforms, Binance Futures is cost-effective, advanced, and convenient.

And in case PONKE gets a spot listing on Binance, it might give a tremendous boost to Ponke’s growth engine. After all, it already witnessed more than 430% growth since its launch, hitting an all-time high of $0.7 in July.

Already available for trading on all major exchanges like Revolut, KuCoin, Kraken, Bybit, Gate.io, HTX, and many more, Ponke could potentially hit new highs if it secures a Binance spot listing! So, overall, the coming days will be full of excitement for PONKE and its large community.

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