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Binance Futures has rolled out a new way for traders to engage with Civic (CVC). On November 11, 2020, at 7:00 AM UTC, the exchange officially launched the CVCUSDT perpetual contract—a USDT-margined futures product that lets traders speculate on CVC’s price with leverage of up to 50x.
For traders looking for flexibility in the crypto derivatives market, this opens the door to more strategies, bigger potential gains, and—if risk isn’t managed carefully—significant losses.
A new option for CVC traders
With the CVCUSDT contract, all trades are collateralized in USDT. You don’t need to hold CVC to participate—margin, profit, and loss are all calculated in Tether. This makes settlement simpler for traders who prefer working with a stable asset as their base currency.
Leverage ranges from 1x to 50x, allowing you to control your own risk exposure. Even small price moves can lead to outsized results—positive or negative.
Key details from the launch
Binance announced the product on November 10, 2020, just a day before trading began. The contract follows Binance’s standard USDT-margined futures rules, which cover order execution, funding rates, and settlement.
The exchange also points traders toward essential resources:
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Trading Rules – Understand the mechanics before trading.
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Leverage and Margin Requirements – Learn the costs of higher leverage.
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Fee Schedule – Know your taker and maker fees.
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Price Index Methodology – See how contract prices are calculated.
These aren’t side notes—they’re core to building a trading plan.
The risks you can’t ignore
Binance is upfront about the dangers. Futures trading carries high risk, and high leverage amplifies both gains and losses. Volatile price swings can trigger liquidation, wiping out your margin balance entirely.
The warning is clear: only trade with what you can afford to lose, and have a plan for extreme market conditions.
Why this matters for traders
For experienced traders, the CVCUSDT perpetual contract is another tool—ideal for hedging spot positions, taking directional bets, or profiting from short-term moves. For newcomers, it’s an opportunity to explore derivatives trading with a single asset while learning USDT-margined mechanics.
But leverage cuts both ways. The same multiplier that can grow profits can also magnify mistakes.
Staying connected
Binance keeps its community informed through:
Trading is also available on the Binance mobile app for Android and iOS, so you can act quickly when markets move.
Bottom line
The CVCUSDT perpetual contract offers flexibility, liquidity, and leverage—but it’s not for the faint of heart. Understand the mechanics, costs, and risks before you dive in. In high-leverage trading, discipline and risk control are your strongest assets.
This launch is another sign of Binance’s ongoing push to expand its derivatives lineup. For those who can handle volatility, CVCUSDT could be worth adding to the watchlist.
Quick FAQ
What is the CVCUSDT perpetual contract?
A USDT-margined futures contract for Civic (CVC) on Binance Futures, using Tether (USDT) as collateral.
When did it launch?
November 11, 2020, at 7:00 AM UTC.
What leverage is available?
From 1x to 50x.
What collateral is required?
USDT held in your futures wallet.
What resources does Binance provide?
Guides on trading rules, leverage/margin, fees, trading pairs, and price index.
What is the main risk?
Potential for full margin liquidation during extreme price moves.
How to stay updated?
Follow Binance on Telegram, Twitter, Facebook, and Instagram.
Is there a mobile app?
Yes, for Android and iOS.
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