ORDI BRC-20 Perpetual Contracts: A Game Changer in Crypto Futures Trading

Binance to Introduce ORDI/USDC on Its Futures Platform Starting Feb. 22; Investors to Receive 10% Trading Fee Discount

Binance Futures launching ORDI perpetual contracts for BRC-20 tokens, tradable with USDC.

📢 Exciting news in the crypto world! Binance, the well-known cryptocurrency exchange, is set to launch ORDI Perpetual Contracts in the near future. This groundbreaking development comes just three months after the exchange listed ORDI on the Spot market. And let me tell you, this is not something you want to miss out on!

Trade ORDI Perpetual Contracts with a 10% Discount on Trading Fees 🎉

In a recent blog post, Binance announced that ORDI Perpetuals will be settled with the world’s second-largest stablecoin, USDC. Starting from February 22, 2024, at 7:00 UTC, investors can take advantage of this exciting new service. And wait, there’s more! Investors who trade the USDC-margined ORDI futures contracts will receive a fabulous 10% discount on their trading fees. This promotional offering will run until April 3, 2024. 🤑

But that’s not all! Let’s dive into the additional nuggets of information that will make your trading experience even more delightful!

Maximum Leverage and Funding Rate

Binance has set the maximum leverage for ORDI Perpetual Contracts at 75x, giving you even more power to maximize your potential earnings. However, it’s essential to note that leverage can magnify losses as well, so tread carefully, my friends.

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The funding rate for ORDI contracts will be regularly reassessed every four hours, ensuring fair pricing and stability. So, you won’t have to worry about any unexpected surprises!

Multi-Asset Mode: A Whole New World of Trading 🌍

ORDI BRC-20 Perpetual Contracts operate in the Multi-Asset Mode, revolutionizing the way investors can trade futures contracts. This groundbreaking feature allows you to diversify your investments by trading across multiple margin crypto assets. It’s like unlocking a treasure trove of opportunities!

How Do Futures Trading Work? 📈

Now, if you’re new to futures trading, let me break it down for you. Futures trading involves predicting the price trajectory of an underlying asset. Essentially, you’re trying to forecast whether the price of an asset will go up or down. If your prediction is correct, you earn profits based on your leveraged size. But if you get it wrong, well, you know how the saying goes: “No pain, no gain.” Leverage can be a powerful tool, but it’s crucial to understand the risks involved.

ORDI: Bitcoin’s Memecoin Taking the Stage 🚀

Bitcoin has always been the king of cryptocurrencies, offering decentralized transfers of the BTC asset. However, with the launch of the BRC-20 token standard, things have taken an exciting turn. Enter ORDI, a memecoin built atop the Bitcoin network, pushing the boundaries of what Bitcoin can do.

ORDI allows you to encode data like text, images, audio, and video directly onto individual Satoshis (units of Bitcoin). It’s like turning Bitcoin into a canvas for endless creativity. This possibility was previously unavailable before 2023 on the Bitcoin network, making ORDI a game-changer in the meme coin ecosystem.

Since its launch last year, ORDI has skyrocketed in popularity, surpassing rivals like 1000SATS and MultiBit. In December 2023, BRC-20 tokens achieved a staggering $100 million 24-hour trading volume on Gate.io.

The Race for ORDI Begins 🏁

As the launch of ORDI Contracts on Binance approaches, we can already see the impact on the asset’s price. Investors are rushing to secure their positions, driving up the value of ORDI.

At the time of writing, ORDI is trading at $71.21, recording a 3.4% gain in the last 24 hours. Over the past week, its price has experienced a double-digit surge of 15.03%. 🚀

According to CoinMarketCap, the BRC-20 sub-sector, where ORDI belongs, boasts a market cap of $2.9 billion, with a 3.25% increase in the past day. The total trading volume (TTV) has also surged by 32.34%, with over $392 million changing hands in the last 24 hours.

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🤔 Q&A on ORDI BRC-20 Perpetual Contracts

Q: What is the advantage of trading ORDI Perpetual Contracts with USDC settlement? A: Trading ORDI Perpetual Contracts with USDC settlement offers stability and convenience. USDC, being a stablecoin, ensures that the value of the contract remains pegged to a stable asset, reducing price volatility.

Q: How can I take advantage of the 10% trading fee discount? A: Simply trade the USDC-margined ORDI futures contracts on Binance, and the 10% discount on trading fees will automatically apply. It’s a win-win situation!

Q: Can I trade ORDI Perpetual Contracts with other cryptocurrencies? A: Absolutely! ORDI BRC-20 Perpetual Contracts operate in the Multi-Asset Mode, allowing you to trade across multiple margin crypto assets. Embrace the diversification and seize new trading opportunities!

Q: What makes ORDI different from other meme coins? A: ORDI is unique because it is built on top of the Bitcoin network using the BRC-20 token standard. It allows you to directly encode data onto individual Satoshis, making it a truly innovative and creative memecoin.

🚀 The Future of ORDI and Crypto Futures Trading

The upcoming launch of ORDI Perpetual Contracts on Binance has already created a significant buzz. With its innovative features, ORDI is poised to revolutionize the cryptocurrency futures trading landscape.

As the demand for ORDI continues to grow, we can expect even more exciting developments and opportunities in the crypto market. So buckle up and get ready for the ride of a lifetime!

For more information and the latest updates on ORDI BRC-20 Perpetual Contracts, visit the following links:

1. Binance Blog Post
2. USDC Stablecoin momentarily depegs on Binance
3. Binance Futures Twitter Announcement
4. Crypto Price Aggregator

📣 Don’t keep this exclusive information to yourself! Share this article with your friends on social media and let’s all dive into the exciting world of ORDI BRC-20 Perpetual Contracts together! 🚀🚀🚀

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