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Binance Announcement
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Binance Futures Will Launch USDâ-Margined FIDAUSDT Perpetual Contract With up to 75x Leverage
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
To expand the list of trading choices offered on Binance Futures and enhance usersâ trading experience, Binance Futures will launch the FIDAUSDT Perpetual Contract at 2024-09-19 12:30 (UTC) with up to 75x leverage.
More details on the aforementioned perpetual contract can be found in the table below:
USDâ-M Perpetual ContractFIDAUSDTLaunch Time2024-09-19 12:30 (UTC)Underlying AssetSolana Name Service (FIDA)Settlement AssetUSDTTick Size0.0001Capped Funding Rate+2.00% / -2.00%Funding Fee Settlement FrequencyEvery Four HoursMaximum Leverage75xTrading Hours24/7Multi-Assets ModeSupported
Please Note:
The maximum funding rate of the aforementioned perpetual contract at the time of launch is +2.00% / -2.00%. The funding fee settlement frequency is every four hours.
TimeMax Funding Rate2024-09-19 16:00 (UTC)+2.00% / -2.00%2024-09-19 20:00 (UTC)+2.00% / -2.00%2024-09-20 00:00 (UTC)+2.00% / -2.00%2024-09-20 04:00 (UTC)+2.00% / -2.00%âŠâŠ
Based on market risk conditions, Binance may adjust the specifications of the aforementioned Futures contract from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.Multi-Assets Mode allows users to trade the aforementioned perpetual contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the aforementioned perpetual contract. The aforementioned perpetual contract is subject to the Binance Terms of Use and the Binance Futures Service Agreement.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Further Information:
Trading Rules of USDâ-M Futures ContractsLeverage and Margin of USDâ-M Futures Contracts
Binance Futures Fee StructureHow to Select Trading PairsFunding Rate HistoryMark Price and Price IndexMulti-Assets Mode
Thank you for your support!
Binance Team
2024-09-19
Fellow Binancians,
To expand the list of trading choices offered on Binance Futures and enhance usersâ trading experience, Binance Futures will launch the FIDAUSDT Perpetual Contract at 2024-09-19 12:30 (UTC) with up to 75x leverage.
More details on the aforementioned perpetual contract can be found in the table below:
USDâ-M Perpetual ContractFIDAUSDTLaunch Time2024-09-19 12:30 (UTC)Underlying AssetSolana Name Service (FIDA)Settlement AssetUSDTTick Size0.0001Capped Funding Rate+2.00% / -2.00%Funding Fee Settlement FrequencyEvery Four HoursMaximum Leverage75xTrading Hours24/7Multi-Assets ModeSupported
Please Note:
The maximum funding rate of the aforementioned perpetual contract at the time of launch is +2.00% / -2.00%. The funding fee settlement frequency is every four hours.
TimeMax Funding Rate2024-09-19 16:00 (UTC)+2.00% / -2.00%2024-09-19 20:00 (UTC)+2.00% / -2.00%2024-09-20 00:00 (UTC)+2.00% / -2.00%2024-09-20 04:00 (UTC)+2.00% / -2.00%âŠâŠ
Based on market risk conditions, Binance may adjust the specifications of the aforementioned Futures contract from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.Multi-Assets Mode allows users to trade the aforementioned perpetual contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the aforementioned perpetual contract. The aforementioned perpetual contract is subject to the Binance Terms of Use and the Binance Futures Service Agreement.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Further Information:
Trading Rules of USDâ-M Futures ContractsLeverage and Margin of USDâ-M Futures Contracts
Binance Futures Fee StructureHow to Select Trading PairsFunding Rate HistoryMark Price and Price IndexMulti-Assets Mode
Thank you for your support!
Binance Team
2024-09-19
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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