Binance Will Add Movement (MOVE) on Earn, Buy Crypto, Convert, Margin & Futures

2024-12-09 12:09

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 Movement (MOVE) 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

  • MOVE Flexible Products listed on Binance Simple Earn at 2024-12-09 12:00 (UTC) and is available for subscription.

  • From 2024-12-10 10:00 (UTC), users may purchase MOVE using any of the payment options supported on Binance Auto-Invest.

Buy & Sell Crypto

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

Convert

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

Margin

Binance Margin will add MOVE as a new borrowable asset on Cross and Isolated Margin, as well as the MOVE/USDT pair on Cross and Isolated Margin at 2024-12-09 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 MOVE Perpetual Contract at 2024-12-09 14:00 (UTC), with up to 75x leverage. 

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

USDⓈ-M Perpetual Contract

MOVEUSDT

Launch Time 

2024-12-09 14:00 (UTC)

Underlying Asset

Movement (MOVE)

Settlement Asset

USDT

Tick Size

To be confirmed

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 MOVEUSDT 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

2024-12-09 16:00 (UTC)

+2.00% / -2.00%

2024-12-09 20:00 (UTC)

+2.00% / -2.00%

2024-12-10 00:00 (UTC)

+2.00% / -2.00%

2024-12-10 00:00 (UTC)

+2.00% / -2.00%

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

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

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

2024-12-09

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

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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.