#Binance launches PROMUSDT contracts#

Binance will launch the PROMUSDT perpetual contract at 20:30 on January 15th, with a maximum leverage of up to 75 times. PROM is the native token that powers the Prom ecosystem, which is a high-performance, scalable network based on the Polygon CDK. Previously, PROM has been listed on Binance for spot trading. The listing of the PROMUSDT perpetual contract signifies that Binance will provide users with more trading options and further promote the development of the Prom ecosystem. The launch of the PROMUSDT perpetual contract will provide users with higher leverage, thereby increasing trading efficiency and returns. However, high leverage also means higher risk. Users need to be cautious when trading and ensure proper risk control.