Binance, a popular cryptocurrency exchange, has announced the addition of Thena (THE) to its Simple Earn, Buy Crypto, Convert, Margin, and Futures platforms. This move, set to begin on November 27, 2024, aims to enhance trading options and opportunities for users. Thena (THE) will be available for purchase via Binance’s Simple Earn and Auto-Invest services from November 28, 2024, with various payment methods supported, such as VISA, MasterCard, Google Pay, and Apple Pay.
This integration is part of Binance’s ongoing effort to provide diverse investment opportunities on its platform. Trading and conversion options will be available, with THE trading against popular cryptocurrencies like Bitcoin (BTC) and Tether (USDT) on the Convert feature, allowing for zero-fee transactions upon listing on Binance Spot.
For more advanced traders, THE will be added to the Margin platform as a borrowable asset, with trading available in the THE/USDT pair. Additionally, Binance Futures will launch the USDⓈ-M THE Perpetual Contract, offering up to 75x leverage starting November 27, 2024. Binance has indicated that the THEUSDT Perpetual Contracts will have a maximum funding rate of +2.00% / -2.00%, with funding fee settlement occurring every four hours.
The platform reserves the right to adjust contract specifications based on market conditions. Users are encouraged to review Binance’s Margin Data for updated information on marginable assets and trading limits. The addition of Thena (THE) across multiple Binance platforms signifies the exchange’s commitment to expanding its cryptocurrency offerings and providing users with comprehensive trading and investment options.
As always, potential investors should consider their financial situation and risk tolerance before engaging in trading activities.
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