This is a general announcement. Products and services mentioned here may not be available in your region.

Dear members of the Binance community!

To expand the list of trading options offered on Binance Futures and improve the trading experience for users, Binance Futures will launch the LOKAUSDT perpetual contract at 14:30 on 09/24/2024 (Kyiv time) with credit shoulder up to 75x. 

More detailed information on the aforementioned futures contracts can be found in the table below:  

Perpetual USDⓈ-M contract

LOKAUSDT

Launch time

09/24/2024 at 2:30 p.m. (Kyiv time)

The underlying asset

League of Kingdoms Arena (LOKA)

Estimated asset

USDT

The size of the teak

0,0001

Maximum financing rate

+2,00% / -2,00%

Periodicity of financing commission calculations

Every four hours

Maximum leverage

75x

Trading hours

24/7

Multi-asset mode

Supported

Please note: 

  • The maximum financing rate for the aforementioned perpetual contracts at launch is +2.00% / -2.00%. 

  • The frequency of financing commission calculations is every four hours.

Time

Max. financing rate

09/24/2024 at 3:00 p.m. (Kyiv time)

+2,00% / -2,00%

09/24/2024 at 7:00 p.m. (Kyiv time)

+2,00% / -2,00%

09/24/2024 at 11:00 p.m. (Kyiv time)

+2,00% / -2,00%

09/25/2024 at 03:00 (Kyiv time)

+2,00% / -2,00%

  • Depending on market risk conditions, Binance may adjust the specifications of the above futures contracts from time to time, including funding fees, tick size, maximum leverage, initial margin and/or maintenance margin requirements.

  • Multi Asset Mode allows users to trade the above LOKAUSDT Perpetual Contract with multiple margin assets subject to respective discounts. For example, when multi-asset mode is activated, users can use BTC as margin when trading the aforementioned perpetual contract. 

  • The above futures contracts are governed by Binance Terms of Service and Binance Futures Service Agreement.

  • There may be discrepancies in the English translation of this original article. Please refer to the original English version for the latest or most accurate information in case of inconsistencies.

Additional information:

Thank you for your support!

Team Binance

24.09.2024