Crypto leverage x50 paper silver

Kek

SilverTrade

@silvertrade

·

2h

🚨BREAKING: Binance To Introduce Silver Futures Trading With Up To 50X Leverage 🚨

Only a month after CZ tricked & mocked Peter Schiff on stage in Dubai during a much publicized debate on Bitcoin vs. Gold, 🚨CZ's Binance has launched GOLD & SILVER PERPETUAL DERIVATIVES FUTURES CONTRACTS WITH 50x LEVERAGE to the gold & silver futures price:

"Binance News: Binance Launches Silver Perpetual Contracts

Binance Futures, the trading platform of the world’s largest crypto exchange, is introducing silver perpetual contracts on Wednesday. This move lets crypto traders take leveraged positions on one of 2025’s top-performing precious metals.

Perpetual futures, or perps, are derivatives that allow traders to speculate on an asset’s price without actually owning it.

Unlike traditional futures, they have no expiration date. Funding rates, applied every few hours, keep their prices close to spot markets.

The new contract will go live at 10:00 UTC, according to Binance news. It will offer up to 50x leverage on silver priced in U.S. dollars per troy ounce. This allows traders to control positions far larger than their margin, magnifying both potential gains and losses.

It will be margined and settled in tether USDT, the world’s largest dollar-pegged stablecoin, with a minimum trade size of 5 USDT. Traders will pay a funding fee capped at ±2% every four hours to keep prices aligned with the market.

Binance stated that the new silver contract will support futures copy trading within 24 hours of launch. Traders can also use cryptocurrencies like BTC as margin collateral in multi-assets mode, with haircuts applied to manage volatility.

The launch comes weeks after gold perpetuals, showing crypto traders are increasingly exploring precious metals." -Source: CryptoRank

50X leverage derivatives on paper silver, without ever owning the metal. What could go wrong??

https://x.com/silvertrade/status/2009700477643174265