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Binance Futures Caps Leverage at 20x for NU and FRHC Markets

NU is scheduled for 4:30 a.m. ET (09:30 UTC) on Nov. 12, followed by FRHC at 4:45 a.m. ET (09:45 UTC).

Updated 1 min read
A passerby checks a phone outside One Central at Dubai World Trade Centre in Dubai. / TokenPost.ai
A passerby checks a phone outside One Central at Dubai World Trade Centre in Dubai. / TokenPost.ai

Binance Futures scheduled two USDT perpetual markets for Nov. 12, assigning the labels NU and FRHC and setting a 20x maximum leverage limit for each.

Nu Holdings appears alongside NU, whose opening is set for 4:30 a.m. ET (09:30 UTC). Freedom Holding is linked to FRHC, with trading scheduled to follow at 4:45 a.m. ET (09:45 UTC), a quarter-hour after NU.

A Nov. 2 Huobi HTX listing covered five USDT perpetual markets, including NU, whose maximum leverage was 20x. Binance had also scheduled a separate UnitedHealth-linked perpetual with a 20x maximum for Sept. 29, as EconoTimes previously reported.

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