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 Scroll (SCR) 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
Buy & Sell Crypto
Users can buy SCR with VISA, MasterCard, Google Pay, Apple Pay, or buy and sell SCR with their wallet balances on the “Buy Crypto” page, available within one hour of SCR being listed on Binance Spot.
Convert
Users will be able to start trading SCR against BTC, USDT, and any other tokens on Binance Convert at zero fees within one hour of SCR being listed on Binance Spot.
Margin
Binance Margin will add SCR as a new borrowable asset on Cross and Isolated Margin, as well as the SCR/USDT and SCR/FDUSD pairs on Cross and Isolated Margin at 2024-10-22 11:00 (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 SCR Perpetual Contract at 2024-10-22 10:00 (UTC), with up to 75x leverage.
More details on the USDⓈ-M SCR Perpetual Contract can be found in the table below:
Please Note:
Based on market risk conditions, Binance may adjust the specifications of the SCRUSDT 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 SCRUSDT 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 SCRUSDT Perpetual Contract.
The SCRUSDT 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
2024-10-22
Note: This announcement was updated on 2024-10-22 to clarify that the Tick Size for SCRUSDT is 0.001.
USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and EEA-Customer-Support@circle.com.
Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.
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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: In compliance with MiCA requirements, from 2024-06-30, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.
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.
