Binance Futures announced on October 12, 2023, the introduction of a new financial instrument - the USDⓈ-M BIGTIME Perpetual Contract. The contract, which will be launched at 14:30 (UTC), allows for trading with up to 20x leverage.
Details regarding the contract are as follows:
- Trading pair: BIGTIME to USDT (the stablecoin Tether)
- The underlying asset is the BIGTIME cryptocurrency
- The contract's settlement asset is USDT
- A tick size of 0.0001 has been set
- The funding rate is capped at +3.00%/−3.00%
- The funding fee will be settled every four hours
- It offers a maximum leverage of 20x
- The contract allows for trading 24/7
Additionally, multi-assets mode is supported, allowing traders to effectively manage their investment portfolios.
