Binance, the world's largest cryptocurrency exchange, has announced the listing of new futures contracts for nine popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), BNB, Cardano (ADA), Chainlink (LINK), Bitcoin Cash (BCH), XRP, Polkadot (DOT), and Litecoin (LTC). These contracts, known as USD-M and COIN-M Quarterly 1227 Delivery Contracts, will become available for trading on June 28, following the expiration and delivery of previous contracts.

The new contracts will offer traders a maximum leverage of 50x for BTC and ETH, and 20x for the other seven cryptocurrencies. The tick size, or the minimum price movement, will vary depending on the cryptocurrency, ranging from 0.0001 to 0.1. This move by Binance aims to provide traders with more options and flexibility in managing their risk exposure.

The listing of new futures contracts comes at a time when the cryptocurrency market is experiencing mixed sentiments. While BTC, ETH, and some altcoins have performed well, others like XRP and ADA have been struggling, with their prices falling to yearly lows. However, the recent 5% price jump in ADA has raised hopes of a potential recovery in the coming weeks.

The futures trading data in the last 24 hours indicates mixed reactions from XRP and ADA traders, likely due to concerns surrounding the major options expiry on June 28. Despite this, the new contracts offer traders an opportunity to hedge their positions and manage their risk exposure more effectively.

In conclusion, Binance's expansion of futures trading contracts offers traders more options and flexibility in managing their risk exposure. While the cryptocurrency market continues to experience mixed sentiments, the new contracts provide a valuable tool for traders to navigate the market with more precision. As the market continues to evolve, it remains to be seen how traders will utilize these new contracts to manage their risk exposure and maximize their returns.