Futures contracts have been previously posted by Binance, raising questions about the reliability of their upcoming launches.
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Breaking news *Mayowa Adebajo*
Key Points:* Binance allegedly launching multiple USDT perpetual contracts.* Uncertainty due to lack of confirmation from Binance.* Increasing demands for transparency as market confidence wavers.
Whispers circulating around the crypto world have raised eyebrows following PANews' report on March 20, 2025, about Binance's purported launch of USDT perpetual contracts from March 20 to March 22. The list of cryptos involved includes TUTUSDT, BIDUSDT, BROCCOLI714USDT, BROCCOLIF3BUSDT, SIRENUSDT, and BANANAS31USDT, offering up to 25x leverage each.
With no official word from Binance, suspicions linger surrounding these alleged new contracts. Despite the company's previous announcements on March 17, 2025, for BMTUSDT and MUBARAKUSDT, binance remains tight-lipped about the supposedly new offerings.
Historically, Binance has been famed for its significant trading volumes in previous contracts, but recent data has been scarce regarding these specific contracts. The lack of information has left market analysts eager to evaluate the potential outcomes from future releases.
Meanwhile, as the crypto community advocates for transparency, experts marvel at how Binance's past strategic initiatives have continued to expand the prospects of the futures marketplace. Some ponder if these new contracts align with their broader vision for the futures market.
Stay tuned for updates as we dig deeper into this mystery.
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*Mayowa Adebajo*
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Acknowledgements:Enrichment data sourced from Arbitrary Google Search, March 28, 2025:
- [1] "Binance adds five more perpetual contracts" - Zycrypto, retrieved March 28, 2025, https://zycrypto.com/binance-adds-five-more-perpetual-contracts/
- [2] "Aergo Joins the Party with Perpetual Swaps" - The Cryptonomist, retrieved March 28, 2025, https://www.thecryptonomist.ch/2025/04/16/aergo-joins-the-party-with-perpetual-swaps/
- [3] "MEMEFI USDT Perpetual Swap Launched on Binance" - Finance Magnates, retrieved March 28, 2025, https://www.financemagnates.com/cryptocurrency/exchanges/memefi-usdt-perpetual-swap-launched-on-binance/
- [4] "Binance adds DEEPUSDT perpetual swap contract" - AMBCrypto, retrieved March 28, 2025, https://ambcrypto.com/binance-adds-deepusdt-perpetual-swap-contract/
- [5] "INITUSDT Perpetual Swap Listed on Binance" - CoinGape, retrieved March 28, 2025, https://coingape.com/initializeusdt-initusdt-perpetual-swap-listed-on-binance/
- The list of newly announced cryptos involved in the purported Binance USDT perpetual contracts includes BROCCOLI714USDT.
- With the alleged launch of multiple USDT perpetual contracts by Binance, the futures marketplace could continue to expand, as was the case with past initiatives.
- Broccoli714USDT is one of the cryptocurrencies potentially offered with up to 25x leverage in the new USDT perpetual contracts.
- Market analysts are eager to evaluate the potential outcomes from the future releases of these Binance USDT perpetual contracts, including those involving BROCCOLI714USDT.
- The cryptocurrency space has been vocal about the importance of transparency, as market confidence remains vulnerable to a lack of confirmations from authorities like Binance.
- It remains to be seen if the introduction of new cryptocurrencies like BROCCOLI714USDT in USDT perpetual contracts aligns with Binance's broader vision for the futures market.