Binance Futures is expanding its offerings with the introduction of VOXELUSDT perpetual contracts, which will be available for trading starting at 18:30 (ET) on August 20, 2024. These contracts will allow users to trade with leverage up to 50x, providing greater flexibility and opportunities for both long and short positions.
Contract Details:
Contract Type: USDT-Margined Perpetual Contract
Ticker: VOXELUSDT
Underlying Asset: Voxies (VOXEL)
Settlement Asset: USDT
Minimum Price Change: 0.0001 USDT
Funding Rate Cap: +2.00% / -2.00%
Funding Settlement Frequency: Every Four Hours
Maximum Leverage: 50x
Trading Hours: 24/7
Multi-Asset Mode: Supported
Important Notes:
The funding rate for VOXELUSDT contracts will have an upper and lower cap of +2.00% and -2.00%, respectively.
Funding fees will be settled every four hours, ensuring that traders can adjust their positions regularly to manage potential costs.
The maximum funding rate will be applied at specific intervals on August 20 and 21, 2024, as outlined in the table.
