KDA price jumps nearly 40% thanks to news from Binance

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Binance Futures, Binance's Derivative trading platform, recently announced the listing of KDA. If you do not have a Binance account, please register via THIS LINK to receive a discount on trading fees.

Binance Future

Specifically, Binance Futures will launch the USDⓈ-M KDAUSDT Perpetual Contract at 20:30 on September 18, 2024 (Vietnam time), with leverage support up to 75x.

Details of this newly opened contract can be XEM in the table below:

USDⓈ-M Perpetual Contract

KDAUSDT

Opening hours

20:30 September 18, 2024 (Vietnam time)

Underlying assets

KDA

Payment assets

USDT

Tick ​​Size

0.0001

Funding Rate Max/Min

+2.00% / -2.00%

Funding Rate Recalculation Time

Every 4 hours

Maximum leverage

75x

Transaction time

24/7

Multi-Assets Mode

Supported

Binance announcement details: Binance Futures Will Launch USDⓈ-Margined KDAUSDT Perpetual Contract With up to 75x Leverage | Binance Support

Following this news, KDA ’s price jumped nearly 40% to $0.7 before correcting to $0.631 at the time of writing.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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