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Binance Will Add Act I : The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) on Earn, Buy Crypto, Convert, Margin & Futures

Binance Will Add Act I : The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) on Earn, Buy Crypto, Convert, Margin & Futures

2024-11-11 09:30

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 Act I : The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) 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

  • Act I : The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) will be listed on Binance Simple Earn Flexible Products at 2024-11-11 10:00 (UTC) and will be available for subscription.

  • From 2024-11-12 10:00 (UTC), users may purchase ACT and PNUT using any of the payment options supported on Binance Auto-Invest.

Buy & Sell Crypto

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

Convert

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

Margin

Binance Margin will add ACT and PNUT as new borrowable assets on Cross and Isolated Margin, as well as the ACT/USDT and PNUT/USDT pairs on Cross and Isolated Margin at 2024-11-11 12:00 (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 ACT Perpetual Contract at 2024-11-11 12:15 (UTC), and USDⓈ-M PNUT Perpetual Contract at 2024-11-11 12:30 (UTC), with up to 75x leverage. 

More details on the USDⓈ-M ACT and PNUT Perpetual Contracts can be found in the table below:  

USDⓈ-M Perpetual Contract

ACTUSDT

PNUTUSDT

Launch Time 

2024-11-11 12:15 (UTC)

2024-11-11 12:30 (UTC)

Underlying Asset

The AI Prophecy (ACT)

Peanut the Squirrel (PNUT)

Settlement Asset

USDT

USDT

Tick Size

0.00001

0.00001

Capped Funding Rate

+2.00% / -2.00%

+2.00% / -2.00%

Funding Fee Settlement Frequency

Every Four Hours

Every Four Hours

Maximum Leverage

75x

75x

Trading Hours

24/7

24/7

Multi-Assets Mode

Supported

Supported

Please Note: 

  • The maximum funding rate of the ACTUSDT and PNUTUSDT Perpetual Contracts at the time of launch is +2.00% / -2.00%. 

  • The funding fee settlement frequency is every four hours.

Time

Max Funding Rate

2024-11-11 16:00 (UTC)

+2.00% / -2.00%

2024-11-11 20:00 (UTC)

+2.00% / -2.00%

2024-11-11 00:00 (UTC)

+2.00% / -2.00%

2024-11-11 04:00 (UTC)

+2.00% / -2.00%

  • Based on market risk conditions, Binance may adjust the specifications of the ACTUSDT and PNUTUSDT Perpetual Contracts 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 ACTUSDT and PNUTUSDT Perpetual Contracts 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 ACTUSDT and PNUTUSDT Perpetual Contracts. 

  • The ACTUSDT and PNUTUSDT Perpetual Contracts are 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

2024-11-11

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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.