Binance Futures Introduces New USDⓈ-M Contract for Copy Trading

Binance, one of the leading cryptocurrency exchanges, has announced the addition of a new USDⓈ-M contract to its Futures Copy Trading platform. The NOTUSDT contract will be available starting July 2, 2024, at 08:00 (UTC), according to Binance.

About Binance Futures Copy Trading

Binance Futures Copy Trading allows users to mirror the trading strategies of experienced traders in real time. This feature is particularly beneficial for novice traders who want to familiarize themselves with the cryptocurrency market. By selecting a lead trader, users can automatically replicate their trades, thereby gaining insight into market strategies and potentially improving their trading skills.

New Contract Addition

The introduction of the NOTUSDT USDⓈ-M contract is expected to provide traders with more options and flexibility. This move aligns with Binance's mission to offer diverse investment opportunities and tools that cater to both beginners and experienced traders.

Further Information and Disclaimers

Binance has issued a disclaimer noting that digital asset prices are subject to high market risk and price volatility. The value of investments can fluctuate, and users may not recover the amount invested. The platform advises users to make informed decisions by considering their investment experience, financial situation, and risk tolerance. Binance also reserves the right to amend or cancel the announcement at its discretion.

For more details, users are encouraged to visit Binance's Responsible Trading page and review the Terms of Use and Risk Warning.