Binance, the largest cryptocurrency exchange by volume, has launched USDⓈ-M BSV Perpetual Contract with up to 50x leverage, years after delisting the
Binance has revived Bitcoin SV through a new USDⓈ-M BSV Perpetual Contract, boosting BSV's price by over 30% in an hour. Binance's BSV launch comes after 2019 delisting of spot trading pair due to a public dispute. BSV's price surge has led to over $500,000 in short positions being liquidated on Friday. Bitcoin SV spot trading pair. The move led to over a 30% surge in BSV's price within the last hour.
The controversy emerged after Wright claimed to be the pseudonymous Bitcoin creator, Satoshi Nakamoto, and CZ alleged that Wright launched attacks on Twitter users questioning his identity. Notably, Binance has not reinstated BSV spot trading pairs this time. The exchange has introduced a BSV perpetual contract, the USDⓈ-M BSV Perpetual Contract, offering up to 50x leverage. The development has boosted BSV's price by over 30% on the hourly time frame with BSV surpassing $54.
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