Dear User:
In order to provide users with more choices, Binance Finance and Flash Exchange have launched new assets, Pixels (PIXEL), for you to try! In addition, Binance will launch PIXEL on Leverage, Contracts, and Fixed Investment platforms at 23:00 (GMT+8) on February 19, 2024, 23:00 (GMT+8) on February 19, 2024, and 08:00 (GMT+8) on February 21, 2024.
Binance Finance
Users can now apply for PIXEL Coin Current Product on Binance Coin Platform;
Starting from 08:00 (GMT+8) on February 21, 2024, users can purchase PIXEL using any payment method supported by Binance Fixed Investment.
Flash Exchange Trading Platform
Users can now exchange PIXEL into BTC, USDT or other tokens supported by the flash exchange platform, and the exchange is free of charge.
Binance Leverage
Coin safe position and isolated margin will add PIXEL as a new borrowable asset at 23:00 (ET on February 19, 2024), as well as the PIXEL/USDT full position 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 PIXEL 1-50x U-margined perpetual contracts at 23:00 (ET) on February 19, 2024.
More information about PIXEL U-margined perpetual contracts is shown in the table below:
Notice:
When PIXELUSDT 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;
Eligible Binance U-margin futures market makers trading in PIXELUSDT perpetual futures will enjoy a 0.005% maker fee rebate, valid for approximately 14 to 15 days. For more information, please refer to This Announcement;
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 PIXELUSDT perpetual contracts. Multi-asset mode supports assets other than USDT as margin for PIXELUSDT perpetual contracts (including valuation discounts). For example: users can use BTC as margin to trade PIXELUSDT perpetual contracts;
PIXELUSDT perpetual contracts will be subject to the Binance Terms of Use and the Binance Futures Service 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
February 19, 2024
