Today, there are exciting new developments in the world of cryptocurrency trading for ARB, NEO, and FIL investors. Binance has made an important announcement regarding these three altcoins, specifically focusing on leveraged futures trading. If you are a spot trader, this announcement may not be relevant to you. Let's explore the details of this announcement together.

Binance is now allowing up to 75x leverage in trading for ARB, NEO, and FIL. The exchange is launching USDC collateralized perpetual contracts for these altcoins, providing traders with increased leverage options. This move by Binance aims to expand trading opportunities in futures and improve the overall user experience.

The launch dates for the USDC collateralized perpetual contracts have also been revealed in the announcement. On April 18, 2024, at 10:00 Turkey time, the ARBUSDC perpetual contract with up to 50x leverage will be introduced. Subsequently, the NEOUSDC perpetual contract will begin at 10:15 Turkey time, followed by the FILUSDC perpetual contract at 10:30.

In addition, Binance highlighted the upcoming changes in fees for these futures contracts. Starting from April 3, 2024, at 15:30 Turkey time, users will enjoy zero maker fees and a 0.017% taker fee for all transactions in USDC collateralized futures contracts. Furthermore, Binance reserves the right to adjust the features of these futures contracts based on market risk conditions, such as funding fees, tick size, maximum leverage, and margin requirements.

Users can also take advantage of the Multi-Asset Mode feature, allowing them to trade the perpetual contracts using multiple collateral assets. For instance, with Multi-Asset Mode enabled, traders can use BTC as collateral while engaging in transactions involving the aforrementioned altcoins.