Binance Launches DOSUSDT Perpetual Futures with Up to 20x Leverage

Binance, one of the world's largest cryptocurrency exchanges, is launching a new perpetual futures contract called DOSUSDT. The product will offer up to 20x leverage and use DAPPOS (DOS) as its underlying asset with USDT settlement.

The trading conditions for this contract are as follows: tick size is 0.0001, minimum trading quantity is 1 DOS, and the minimum order value is 5 USDT. The funding fee cap is set at plus or minus 2.00%, with settlement every four hours.

Binance also stated that Multi-Assets Mode will be supported, allowing users to use a range of assets, including Bitcoin, as margin. Additionally, Futures Copy Trading will be available within 24 hours of listing.