By Solomon Odunayo
Binance, the largest cryptocurrency exchange by trading volume recently announced that Binance futures has increased the maximum leverage on the XTZ/USDT perpetual contract to 75x.
The exchange made this known via its official website and shared it on its Twitter feed a couple of hours ago.
The new development has now enabled users to select any leverage between 1x and 75x.
#Binance Futures Increases Maximum Leverage on $XTZ/USDT Contract to 75xhttps://t.co/9LhHdCtRag pic.twitter.com/f5YMiuo1tU
— Binance (@binance) March 16, 2020
Conclusively, the exchange warned its users of the risk that abounds in futures trading, due to the high volatility of digital currencies in the market. There is a possibility for huge profits and devastating losses. So, users are advised to trade responsibly.
Interaction With Tezos Browser DApp On A Mobile Device Is Now Possible
According to AirGap, interaction with a Tezos browser DApp and signing transactions on mobile is now possible with Beacon Wallet.
AirGap shared this, “Interacting with a Tezos browser dApp and signing transactions on a mobile device? With Beacon walletbeacon.io this is now possible. Are you a developer working on a Tezos dApp? We’d love to hear your thoughts and feedback about Beacon.”
Interacting with a @tezos browser dApp and signing transactions on a mobile device?
With Beacon https://t.co/tqYgRdtJxr this is now possible.
Are you a developer working on a Tezos dApp? We'd love to hear your thoughts and feedback about Beacon. pic.twitter.com/dooHjchCA5
— AirGap (@AirGap_it) March 12, 2020
Tezos (XTZ) and Other Cryptocurrencies in the Market
The devastating price fall embarked upon by cryptocurrencies in the market a few days ago is still in play. This has also negatively impacted the performance of Tezos (XTZ) in terms of price.
The digital currencies led by Bitcoin have lost a huge part of their accumulated prices. This price nosedive has been attributed to the emergency interest rates cut announced by the United States Federal Reserves (FED) a couple of hours ago.
At the time of writing, XTZ is trading at $1.27, with a 20.15% price downtrend in the last 24 hours.