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Crypto traders can now take leveraged bets on silver via Binance Futures
Yahoo Finance· 2026-01-07 08:19
Core Viewpoint - Binance Futures is launching silver perpetual contracts, allowing crypto traders to leverage bets on silver prices, reflecting a growing interest in precious metals among crypto traders [1][4]. Group 1: Product Details - The silver perpetual contracts will offer up to 50x leverage, allowing traders to control positions significantly larger than their deposited margin [3]. - The contracts will be margined and settled in tether (USDT), with a minimum notional value of 5 USDT, and will incur a funding fee capped at ±2% every four hours [3]. - The launch of silver contracts follows the introduction of gold perpetuals, indicating a trend of diversification into precious metals within the crypto trading space [4][6]. Group 2: Market Performance - Silver experienced a remarkable 147% rally in 2025, reaching a peak price of $83.75 per ounce, while currently trading at $79.84 [5]. - Gold also saw significant gains, increasing by over 64% to $4,317, contrasting with Bitcoin's decline of more than 5% during the same period [5]. - The performance of precious metals has been bolstered by fiscal and inflation concerns, with silver benefiting from rising demand in solar panels and electronics [5]. Group 3: Trading Features - The silver contract will be available for futures copy trading within 24 hours of its launch, enhancing trading flexibility [6]. - A multi-assets mode will allow traders to use cryptocurrencies like BTC as margin collateral, accommodating for price volatility through haircuts [6]. - Binance is the first major exchange to offer perpetual contracts tied to silver, following smaller exchanges like MEXC and BTCC [6].