Binance Wallet announced the launch of PREDICTUSDT pre-market perpetual contracts, supporting up to 5 x leverage.
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Binance Wallet launches PREDICTUSDT pre-market perpetual contracts, supporting up to 5 x leverage
PANews October 21 reported that Binance Wallet announced the launch of a pre-market perpetual contract trading pair for prediction market platform Predict.fun (PREDICT).PREDICTUSDT It supports up to 5 x leverage. Eligible users can, after enabling Multi-Assets Mode, use tokenized stocks in Binance Wallet bStocks as collateral. The relevant assets can be counted toward collateral value at up to 90%of their market value, enabling users to hold tokenized stocks while trading perpetual contracts.
PANews stated that Binance Wallet has launched PREDICTUSDT pre-market perpetual contract trading pairs.
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The contract corresponds to prediction market platform Predict.fun (PREDICT）。
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PREDICTUSDT The pre-market perpetual contracts support up to 5 x leverage.
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Eligible users can, after enabling Multi-Assets Mode, use tokenized stocks in Binance Wallet bStocks as collateral.
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The relevant assets can be counted toward collateral value at up to 90%of their market value.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Pre-market perpetual contracts allow users to participate in contract trading before the relevant assets officially enter regular trading. Leverage magnifies gains and losses; using bStocks as collateral means eligible users can trade perpetual contracts while holding tokenized stocks.
Why it matters to readers
This feature adds PREDICT trading channels for the related contracts and expands bStocks's use as collateral in Binance Wallet.
Beginners should understand that up to 5 x leverage does not guarantee returns; losses are also magnified when prices move in the opposite direction. Counting collateral at up to 90%of market value also does not mean the asset is free from price volatility or liquidation risk.
Risks and unknowns
The material does not include a link to an official Binance Wallet announcement; the contract rules require further verification.
The specific eligibility criteria and scope of availability are not stated.
The specific assets that can be used as bStocks collateral are not stated.
The contract's liquidity, funding rates, and liquidation rules are not stated.
Pre-market trading prices may be highly volatile, and leverage may magnify losses.
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Related concepts
Pre-market perpetual contracts
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