Binance Futures Introduces New ZROUSDT USDⓈ-M Contract for Copy Trading
Peter Zhang Aug 06, 2024 05:01
Binance Futures adds ZROUSDT USDⓈ-M contract to its Copy Trading service, enhancing opportunities for traders to follow experienced portfolios.
Binance Futures has announced the addition of the ZROUSDT USDⓈ-M contract to its Copy Trading service, set to go live on August 6, 2024, at 08:00 (UTC), according to Binance.
About Binance Futures Copy Trading
Binance Futures Copy Trading allows users to replicate the trading strategies of experienced traders. By setting an investment amount, the system automatically mirrors trades from selected lead traders' portfolios. This feature is particularly beneficial for novice traders who can learn about the crypto market and develop their trading strategies through this service.
Details of the New Contract
The ZROUSDT USDⓈ-M contract is the latest addition to Binance Futures' offerings. This contract type is settled in USDT and provides an opportunity for users to diversify their trading options within the Copy Trading ecosystem. The introduction of this contract aims to enhance user experience by offering more varied and potentially profitable trading strategies to follow.
Further Information
Binance has issued a disclaimer noting the high market risk and price volatility associated with digital assets. Users are advised to make informed investment decisions and consult independent financial advisors if necessary. The platform also emphasizes that past performance is not a reliable indicator of future results, and trading via copy trading involves significant risks, including following potentially inexperienced traders.
For the most accurate and up-to-date information, users are encouraged to refer to the original English version of the announcement on Binance's website.
Binance reserves the right to amend or cancel this announcement at any time. Copy trading is restricted in certain countries and to specific users. For more information, users should review Binance's Terms of Use and Risk Warning pages.
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