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LUNC News: Binance Expands Leverage For Terra Luna Perpetual Trading

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The world’s largest crypto exchange Binance has increased leverage by four times for Terra ( LUNA ) trading.

The exchange increased leverage from 11-20x to 51-75x for a position of 0 to 5000 .

The move comes as the exchange extended support for the Terra Luna community amid the bankruptcy of Terraform Labs .

LUNC futures open interest surpassed the 100 billion mark in the last 24 hours .