Binance Will Add Magic Eden (ME) on Earn, Buy Crypto, Convert, Margin & Futures

Fellow Binancians,

Binance is excited to announce that Magic Eden (ME) will be added to Binance Simple Earn, "Buy Crypto", Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures at the respective dates and timings listed below.

Earn

ME Flexible Products listed on Binance Simple Earn at 2024-12-10 15:00 (UTC) and is available for subscription.

From 2024-12-11 10:00 (UTC), users may purchase ME using any of the payment options supported on Binance Auto-Invest.

Buy & Sell Crypto

Users can buy ME with VISA, MasterCard, Google Pay, Apple Pay, or buy and sell ME with their wallet balances on the “Buy Crypto” page, available within one hour of ME being listed on Binance Spot. 

Convert

Users will be able to start trading ME against BTC, USDT, and any other tokens on Binance Convert at zero fees within one hour of ME being listed on Binance Spot. 

Margin

Binance Margin will add ME as a new borrowable asset on Cross and Isolated Margin, as well as the ME/USDT pair on Cross and Isolated Margin at 2024-12-10 17:00 (UTC).

Futures

Binance Futures will launch the USDⓈ-M ME Perpetual Contract at 2024-12-10 17:00 (UTC), with up to 75x leverage. 

More details on the USDⓈ-M ME Perpetual Contract can be found in the table below:  

USDⓈ-M Perpetual Contract

MEUSDT

Launch Time 

2024-12-10 17:00 (UTC)

Underlying Asset

Magic Eden (ME)

Settlement Asset

USDT

Tick Size

0.001

Capped Funding Rate

+2.00% / -2.00%

Funding Fee Settlement Frequency

Every Four Hours

Maximum Leverage

75x

Trading Hours

24/7

Multi-Assets Mode

Supported

Please Note: 

The maximum funding rate of the MEUSDT Perpetual Contract at the time of launch is +2.00% / -2.00%. 

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