#night
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📌 What NIGHT/USDT is on Binance
👍 NIGHT is the native token of the Midnight Network, a new privacy-focused blockchain project.
📍 Binance has listed NIGHT and offers trading pairs involving USDT (Tether) — specifically perpetual futures contracts.
🔹 NIGHT/USDT Perpetual Futures
Binance launched a NIGHT/USDT perpetual futures contract, meaning traders can speculate on NIGHT’s price using USDT as collateral.
These futures can be traded with leverage up to 50× — meaning both gains and losses can amplify quickly.
👉 Important: This is derivatives trading, not passive income or guaranteed earnings. Perpetual futures are risky financial products used by experienced traders.
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🧠 How It Works
📌 NIGHT/USDT Perpetual Futures
You don’t have to own NIGHT tokens; you trade price movements.
You can go long (bet that price will rise) or short (bet price will fall).
Your margin and profits/losses are in USDT.
The contract has no fixed expiry — it goes on indefinitely until you close it.
❗ Leverage (like 50×) greatly increases risk: a small price move against you can wipe out your position and margin quickly.
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📉 Price & Availability
📊 NIGHT is being traded on Binance Alpha (Binance’s non-custodial platform) and other venues, with prices shown in USDT — for example, ~0.046 USDT at one recent price check.
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❗ Risks & Things to Understand
⚠️ 1. Not a guaranteed income
This isn’t a “passive earning” or interest-pay product.
It’s speculative trading — you can lose more than you put in if you’re using leverage.
⚠️ 2. High volatility
NIGHT is an early-stage, low-liquidity crypto → prices can swing a lot.
Futures amplify those swings due to leverage.
⚠️ 3. Not a scam (on Binance)
Listing on Binance or Binance Alpha means it’s officially tradable on a regulated exchange platform, not a random scam site.
But being tradable doesn’t make it safe or guaranteed profit.
⚠️ 4. Do your own research
Understand: