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Binance will have perpetual Compound token contracts

Binance

Binance cryptocurrency exchange this monday announced Launch of perpetual Compound token contracts.

Compound token contracts

The contract for the COMP / USDT pair will be available on the Binance Futures platform on June 30 at 12:00 Moscow time and will allow you to open positions with leverage up to 1 to 50x.

Since the start of trading over the past two weeks, COMP has experienced sharp fluctuations in the exchange rate and at the time of publication costs about $ 240.

comp29

Compound founder Robert Leshner in his Twitter said that the volume of assets provided by users for lending and earning rewards at COMP recently exceeded $ 1 billion for the first time. Of this amount, most of the funds were credited to BAT, ETH and USDC with 31%, 24% and 21% respectively.

Also Binance today announced on adding the possibility of making deposits in fiat currency on the non-custodian exchange Binance DEX through the MoonPay service. According to the announcement, the option is available in more than 40 countries and allows you to directly buy BNB tokens for crediting to Binance DEX wallets.

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