Crypto▲ Bullish
Binance Wallet Lists Changxin Technology Perpetual With 20x Leverage
Binance Wallet listed a CXMT perpetual contract for Changxin Technology with up to 20x leverage. The contract's liquidity depth and trading history remain unconfirmed.
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Binance Wallet has listed a perpetual contract for Changxin Technology. The CXMT contract offers up to 20x leverage, the exchange said in a support announcement.
The contract sits inside Binance Wallet's on-chain derivatives interface. It is not a standard spot listing. Binance has been expanding this product category, adding several other perpetual contracts in recent weeks.
The 20x leverage cap lets a trader control a position twenty times the posted margin. An adverse price move of roughly 5% would trigger liquidation. Without established liquidity depth or confirmed trading history, that leverage carries outsized slippage risk for anyone entering the market.