Binance is pleased to introduce Simon’s Cat (1000CAT) and Pudgy Penguins (PENGU) to its diverse range of products and services. Both tokens will soon be accessible through Binance Simple Earn, Buy Crypto, Binance Convert, Margin Trading, Auto-Invest, and Binance Futures. Traders can take advantage of this opportunity starting from the respective dates outlined below.

Binance Simple Earn & Auto-Invest

Simon’s Cat (1000CAT) will debut on Binance Simple Earn Flexible Products at 09:00 UTC on December 17, 2024, while Pudgy Penguins (PENGU) will follow at 14:00 UTC the same day. Subscriptions for both tokens will be available immediately after their listings. Additionally, from December 18, 2024, at 10:00 UTC, users will be able to purchase these tokens via Binance Auto-Invest using supported payment options.

Buy Crypto, Convert, and Margin Trading

Users can conveniently purchase 1000CAT and PENGU using Visa, MasterCard, Google Pay, or Apple Pay, or trade directly from their wallet balances through the “Buy Crypto” portal within an hour of the tokens being listed on Binance Spot. Both tokens will also be available on Binance Convert, allowing users to trade against BTC, USDT, and other supported pairs without fees.

For Margin Trading, Simon’s Cat (1000CAT) and its USDT pair will be introduced on both Cross and Isolated Margin at 11:00 UTC on December 17, 2024, while Pudgy Penguins (PENGU) and its USDT pair will launch at 16:30 UTC. Binance VIP 7–9 users will gain early access to borrow these tokens for Cross Margin 30 minutes prior to their official trading availability. Please note that interest will accrue on borrowed amounts even before trading begins.

Binance Futures

The PENGUUSDT Perpetual Contract will be introduced on Binance Futures at 16:15 UTC on December 17, 2024, featuring up to 75x leverage. Funding rates are capped at +2.00% / -2.00% and will settle every four hours. Users can activate Multi-Assets Mode to trade the PENGUUSDT contract using alternative margin assets, such as BTC.

Traders are reminded to exercise caution, as newly listed tokens may exhibit significant price volatility. Binance reserves the right to adjust contract specifications, including leverage, funding fees, and margin requirements, based on market conditions. For further guidance, users are encouraged to explore Binance’s comprehensive tutorials on Auto-Invest, Margin Trading, and Futures contracts.

Don’t miss this exciting opportunity to diversify your portfolio with 1000CAT and PENGU. Keep an eye on Binance’s platforms to stay updated and maximize your trading potential!

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