This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. 

Fellow Binancians,

Binance is excited to announce that BIO Protocol (BIO) will be added to Binance Simple Earn, "Buy Crypto", Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures at the respective dates and timings listed below.

Earn

  • BIO Flexible Products will be listed on Binance Simple Earn at 2025-01-03 10:00 (UTC) and will be available for subscription.

  • From 2025-01-06 10:00 (UTC), users may purchase BIO using any of the payment options supported on Binance Auto-Invest.

Buy & Sell Crypto

Users can buy BIO with VISA, MasterCard, Google Pay, Apple Pay, or buy and sell BIO with their wallet balances on the “Buy Crypto” page, available within one hour of BIO being listed on Binance Spot. 

Convert

Users will be able to start trading BIO against BTC, USDT, and any other tokens on Binance Convert at zero fees within one hour of BIO being listed on Binance Spot. 

Margin

Binance Margin will add BIO as a new borrowable asset on Cross and Isolated Margin, as well as the BIO/USDT pair on Cross and Isolated Margin at 2025-01-03 12:00 (UTC).

Binance VIP 7 to VIP 9 users will be able to borrow the abovementioned asset(s) on Cross Margin approximately 30 minutes before it is open for Margin trading. 

Note: 

  • Interest is charged on these loans even though margin trading for these tokens has not commenced. Please note that newly listed tokens tend to be volatile; users are encouraged to adopt stringent risk management strategies when trading such tokens.

  • Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits, collateral ratio and rates.

Futures

Binance Futures will launch the USDⓈ-M BIO Perpetual Contract at 2025-01-03 12:15 (UTC), with up to 75x leverage. 

More details on the USDⓈ-M BIO Perpetual Contract can be found in the table below:  

USDⓈ-M Perpetual Contract

BIOUSDT

Launch Time 

2025-01-03 12:15 (UTC)

Underlying Asset

BIO Protocol (BIO)

Settlement Asset

USDT

Tick Size

0.0001

Capped Funding Rate

+2.00% / -2.00%

Funding Fee Settlement Frequency

Every Four Hours

Maximum Leverage

75x

Trading Hours

24/7

Multi-Assets Mode

Supported

Please Note: 

  • The maximum funding rate of the BIOUSDT Perpetual Contract at the time of launch is +2.00% / -2.00%. 

  • The funding fee settlement frequency is every four hours.

Time

Max Funding Rate

2025-01-03 16:00 (UTC)

+2.00% / -2.00%

2025-01-03 20:00 (UTC)

+2.00% / -2.00%

2025-01-04 00:00 (UTC)

+2.00% / -2.00%

2025-01-04 04:00 (UTC)

+2.00% / -2.00%

…

…

  • Based on market risk conditions, Binance may adjust the specifications of the BIOUSDT Perpetual 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 BIOUSDT 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 BIOUSDT Perpetual Contract. 

  • The BIOUSDT Perpetual Contract is subject to the Binance Terms of Use and the Binance Futures Service Agreement.

Guides & Related Materials:

Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Thank you for your support!

Binance Team

2025-01-03

Note: This announcement was amended on 2025-01-03 to clarify that the ticksize for BIOUSDT is updated to 0.0001.