Binance to Introduce Tesla Equity Perpetual Contract with Up to 5x Leverage
- Binance will launch a Tesla equity perpetual contract on its futures platform.
- The TSLAUSDT contract allows speculation on Tesla Inc. stock (TSLA) with up to 5x leverage.
- Contract tracks Tesla’s Nasdaq-listed common stock and settles in USDT, available for trading 24/7.
- Minimum trade amount is 0.01 TSLA with a minimum notional value of 5 USDT.
- Multi-asset mode supports trading using alternative margin assets like Bitcoin.
- TSLA saw a small decline in Monday’s pre-market session but increased by approximately 9% over the past year.
The new TSLAUSDT contract on Binance offers traders the ability to speculate on Tesla stock with significant leverage, while supporting diverse margin assets like Bitcoin. Despite recent minor declines, Tesla’s stock has shown a notable increase over the last year.
Source (3.2)https://cryptobriefing.com/binance-to-launch-tesla-perpetual-contract-5x-leverage/?rand=59535
