This is a general announcement, and the products and services mentioned here may not be applicable in your region.
Dear users:
To provide more options for Binance contract trading and enhance the user trading experience, the Binance contract platform will launch the HIVEUSDT perpetual contract on December 23, 2024, at 19:30 (UTC+8), with a maximum leverage of up to 75 times.
More information about the HIVEUSDT perpetual contract is shown in the table below:
Please note:
When the HIVEUSDT perpetual contract goes live, its funding rate limits will be +2.00% / -2.00%;
Funding fees are settled every four hours;
Based on market risk conditions, Binance may adjust the above contract parameters, including adjusting the funding rate, minimum tick size, maximum leverage, initial margin, maintenance margin, and other important parameters;
The multi-asset mode supports the above perpetual contract. The multi-asset mode supports assets other than USDT as margin for the HIVEUSDT perpetual contract (including valuation discounts). For example: users can use BTC as margin to trade the HIVEUSDT perpetual contract;
The above perpetual contracts are subject to the (Binance Terms of Use) and (Binance Contract Service Agreement);
There is no correlation between contracts and spot listings. Contracts launched on the Binance contract platform do not guarantee that they will be listed on the Binance spot market;
There may be differences between the original English announcement and the translated version. If there are any discrepancies, please refer to the English version for the latest or most accurate information.
Note:
USDT-margined contract trading rules
Leverage and margin for USDT-margined contracts
How to switch contract trading pairs
Binance contract platform trading fee rate table
Mark price and index price
Funding rate history
Multi-asset mode
Thank you for your support of Binance!
Binance Team
December 23, 2024
