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 Finance, One-Click Coin Purchase, Flash Exchange Trading Platform, Leverage, Fixed Investment Platform and Binance Futures will launch Usual (USUAL) according to the timeline listed below. You are invited to experience it!
Binance Finance
The USUAL principal-guaranteed coin-earning product has been launched on Binance’s principal-guaranteed coin-earning platform and is open for subscription at 19:00 (ET) on December 18, 2024.
Starting from 18:00 (GMT+8) on December 19, 2024, users can purchase USUAL through any payment method supported by Binance Fixed Investment.
One-click buying and selling of coins
Users can use credit/debit cards, Google Pay, Apple Pay to buy USUAL or use wallet balance to buy/sell USUAL through the "One-click Buy Coin" page. USUAL can be traded in one click within one hour after Binance spot listing.
Flash Exchange Trading Platform
Within one hour after USUAL is listed on Binance spot, users can exchange USUAL into BTC, USDT or other tokens supported by the flash exchange platform, and the exchange is free of charge.
Binance Leverage
Coin safe warehouse and isolated margin will add USUAL borrowable assets at 21:00 (ET on December 18, 2024), as well as USUAL/USDT full warehouse and isolated margin trading pairs.
Binance VIP 7-9 users can borrow the above assets in full margin approximately 30 minutes before the official listing of the above assets on Binance Margin.
Note:
Even if the above leveraged trading pairs have not yet started trading, new asset borrowing will still accrue interest normally. Please note that newly listed tokens tend to be more volatile, and we encourage users to adopt more risk management strategies when trading such tokens;
The amount, pledge rate, and interest rate of assets 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 USUAL 1-75x U-margin perpetual contracts at 21:00 (ET) on December 18, 2024.
More information about USUAL U-margined perpetual contracts is shown in the table below:
Notice:
When USUALUSDT 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;
The multi-asset model supports USUALUSDT perpetual contracts. The multi-asset model supports assets other than USDT as USUALUSDT perpetual contract margin (including valuation discount). For example: users can use BTC as margin to trade USUALUSDT perpetual contracts;
USUALUSDT perpetual contracts will be subject to the (Binance Terms of Use) and (Binance Futures Service Agreement).
Help Documentation:
How to Buy Crypto with a Credit/Debit Card on Binance
How to use Binance Flash
How to short sell with leverage - sell high and buy low
How to Leverage Long - Buy Low and Sell High
U-standard contract trading rules
Leverage and Margin for U-margin Contracts
Binance Futures Trading Fee Schedule
How to use Binance Fixed Investment
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
December 18, 2024
Note: This announcement was updated on December 18, 2024 to clarify that the minimum price change of USUALUSDT is 0.0001.
