Binance Adds LayerZero (ZRO) on Earn, Buy Crypto, Convert, Margin & Futures

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

Fellow Binancians,

Binance is excited to announce that LayerZero (ZRO) has been added to Binance Simple Earn, "Buy Crypto", and Binance Convert. In addition, Binance will add ZRO on Binance Margin, Binance Futures and Binance Auto-Invest at 2024-06-20 14:00 (UTC), 2024-06-20 14:30 (UTC) and 2024-06-24 10:00 (UTC) respectively. 

Earn

• Users can now subscribe to ZRO Flexible Products on Binance Simple Earn.

• From 2024-06-24 at 10:00 (UTC), users may purchase ZRO using any of the payment options supported on Binance Auto-Invest.

Buy & Sell Crypto

Users may now buy ZRO directly with their credit/debit cards, Google Pay, Apple Pay, or buy and sell ZRO directly with their available wallet balances at the “Buy Crypto” page.

Convert

Users can now trade ZRO against BTC, USDT, and any other tokens supported by Binance Convert at zero fees. 

Margin

Binance Margin will add ZRO as a new borrowable asset on Cross and Isolated Margin, as well as the ZRO/USDT pair on Cross and Isolated Margin at 2024-06-20 14:00 (UTC).

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 ZRO Perpetual Contract at 2024-06-20 14:30 (UTC), with up to 50x leverage. 

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

Please Note: 

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

• The funding fee settlement frequency is every four hours.

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

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

Guides & Related Materials:

• How to Buy Crypto with Credit/Debit Card

• How to Use Binance Convert

• How to Use Short on Margin Trading

• How to Use Long on Margin Trading

• Trading Rules of USDⓈ-M Futures Contracts

• Leverage and Margin of USDⓈ-M Futures Contracts

• Binance Futures Fee Structure

• What Is Auto-Invest and How to Use It

Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

Thank you for your support!

Binance Team

2024-06-20

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.