Binance lists Rayls (RLSUSDT) perpetual futures

Source
Minseung Kang

Summary

  • Binance said it would list Rayls (RLSUSDT) perpetual futures.
  • It said the product provides USDⓈ-M margin and up to 20x leverage.
  • Rayls said it is a financial infrastructure blockchain connecting traditional finance and DeFi.
Photo = Shutterstock
Photo = Shutterstock

Global crypto asset (cryptocurrency) exchange Binance is listing a perpetual futures contract based on Rayls (RLS).

On the 2nd (local time), Binance said in a notice that it would launch the RLSUSDT perpetual futures at 10:00 that day (UTC; 19:00 Korean time on the 2nd). The product uses USDⓈ-M margin and provides up to 20x leverage.

Meanwhile, Rayls(Rayls) is a project that positions itself as a financial infrastructure blockchain connecting traditional finance (TradFi) and decentralized finance (DeFi).

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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