in Cryptocurrency

Zcash Is Now on Binance Futures With New Perpetual Contract

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Binance’s futures platform is launching a Zcash (ZEC)–Tether (USDT) perpetual contract with maximum leverage of up to 50x.

An announcement from the exchange on Feb. 4 revealed that trading for the new ZEC/USDT contract will go live at 8.00 a.m. on Feb. 5. In a bid to prevent market manipulation, Binance says it has chosen to set a pricing limit of ±1% on the mark price within the first 15 minutes after trading begins.

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