This is a general announcement and the products and services mentioned here may not be available in your area.

Dear User:

To provide users with more choices, LayerZero (ZRO) has been launched on Binance Finance, One-click Coin Purchase and Flash Exchange.

New assets, invite you to experience! In addition, Binance will launch ZRO on the Leverage, Contract, and Fixed Investment Platform at 22:00 (GMT+8) on June 20, 2024, 22:30 (GMT+8) on June 20, 2024, and 18:00 (GMT+8) on June 24, 2024.

Binance Finance

  • Users can now apply for ZRO current account products on Binance Earn Coin platform;

  • Starting from 18:00 on June 24, 2024 (GMT+8), users can purchase ZRO through any payment method supported by Binance Fixed Investment.

One-click buying and selling of coins

Users can now purchase ZRO using credit/debit cards, Google Pay, Apple Pay, or use wallet balance to buy/sell ZRO through the "One-click Buy Coins" page.

Flash Exchange Trading Platform

Users can now exchange ZRO for BTC, USDT or other tokens supported by the Flash Exchange Platform, and the exchange is free of charge.

Binance Leverage

ZRO will be added as a borrowable asset to CoinSafe and Isolated Margin Trading at 22:00 (ET on June 20, 2024), as well as the ZRO/USDT full-margin and isolated margin trading pairs.

The assets, quotas, collateral ratios, and interest rates supported by Binance Leverage will be adjusted at any time based on market conditions. Please refer to the Leverage Data page for details.

Binance Futures

Binance will launch ZRO 1-50x U-margined Perpetual Contract at 22:30 (ET) on June 20, 2024.

More information about the ZRO U-margined perpetual contract is shown in the table below:

U-margin perpetual contract

ZROUSDT

time online

2024-06-20 22:30 (GMT+8)

Underlying Assets

LayerZero(ZRO)

Settlement assets

USDT

Minimum price change

0.001

Funding Rate Cap

+2.00% / -2.00%

Funding Settlement Frequency

Every four hours

Maximum leverage

50x

transaction hour

24/7

Multi-asset model

support

Notice:

  • When the ZROUSDT perpetual contract is launched, the upper and lower limits of its funding rate are +2.00% / -2.00%;

  • Funding fees are settled every four hours;

Time (GMT+8)

Maximum Funding Rate

June 21, 2024 00:00

+2.00% / -2.00%

June 21, 2024 04:00

+2.00% / -2.00%

June 21, 2024 08:00

+2.00% / -2.00%

June 21, 2024 12:00

+2.00% / -2.00%

  • Based on market risk conditions, Binance may adjust contract parameters, including funding rate, minimum price change, maximum leverage, initial margin, maintenance margin and other important parameters;

  • Multi-asset mode supports ZROUSDT perpetual contracts. Multi-asset mode supports assets other than USDT as ZROUSDT perpetual contract margin (including valuation discount). For example: users can use BTC as margin to trade ZROUSDT perpetual contracts;

  • ZROUSDT perpetual contracts will be subject to the Binance Terms of Use and the Binance Futures Services Agreement.

Help Documentation:

Note: There may be discrepancies between the original English version and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.

Thank you for your support!

Binance Team

June 20, 2024