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, Binance Wealth Management, One-Click Coin Purchase, Instant Exchange Trading Platform, Leverage, Contracts and Fixed Investment Platform will launch Polygon (POL) according to the timeline listed below. You are invited to experience it!
Binance Finance
POL principal guaranteed earning fixed and current products will be launched on Binance’s principal guaranteed earning platform and open for subscription at 18:00 (ET on September 13, 2024);
Starting from 18:00 (GMT+8) on September 16, 2024, users can purchase POL through any payment method supported by Binance Fixed Investment;
Starting from 14:00 on September 16, 2024 (GMT+8), POL dual-currency investment subscription will be open.
One-click buying and selling of coins
Users can use credit/debit cards, Google Pay, Apple Pay to buy POL, or use wallet balance to buy/sell POL through the "One-click Buy Coin" page. POL can be traded with one click within one hour of Binance spot listing.
Flash Exchange Trading Platform
Within one hour after POL is listed on Binance spot, users can exchange POL for BTC, USDT or other tokens supported by the flash exchange platform, and there is no transaction fee.
Binance Leverage
CoinSafe and Isolated Margin will add POL as a new borrowable asset at 20:00 (ET on September 13, 2024), as well as POL/USDT, POL/USDC, and POL/FDUSD 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 POL 1-50x U-margined Perpetual Contract at 20:15 (ET on September 13, 2024).
More information about the POL U-margined perpetual contract is shown in the following table:
Notice:
When the POLUSDT 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;
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 POLUSDT perpetual contracts. The multi-asset mode supports assets other than USDT as POLUSDT perpetual contract margin (including valuation discount). For example: users can use BTC as margin to trade POLUSDT perpetual contracts;
POLUSDT 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
September 13, 2024
