Binance has announced the addition of Thena (THE) to its platform, integrating the asset across Binance Earn, "Buy Crypto," Binance Convert, Margin, Auto-Invest, and Futures. Users can now leverage THE across multiple Binance services, enabling flexible trading, investing, and earning opportunities.

Here’s a breakdown of Thena’s availability across Binance services:

Key Launch Dates for Thena (THE) (H2)

Earn Products

  • Flexible Products Listing: Available for subscription on Binance Simple Earn starting 2024-11-27 at 10:00 UTC.

  • Auto-Invest: From 2024-11-28 at 10:00 UTC, users can purchase THE through Binance Auto-Invest.

Buy Crypto

  • Users can buy THE using VISA, MasterCard, Google Pay, Apple Pay, or wallet balances within an hour of THE’s listing on Binance Spot.

Convert

  • Trade THE against BTC, USDT, and other tokens at zero fees via Binance Convert within one hour of THE’s Spot listing.

Margin Trading

  • Starting 2024-11-27 at 12:00 UTC, THE will be added as a borrowable asset on Cross and Isolated Margin, including the THE/USDT pair.

  • Important: Check the latest Margin Data for limits, collateral ratios, and rates.

Futures Launch: THEUSDT Perpetual Contracts (H2)

Binance Futures will debut the USDⓈ-M THE Perpetual Contract on 2024-11-27 at 12:15 UTC, featuring:

  • Leverage: Up to 75x.

  • Settlement Asset: USDT.

  • Funding Rate Cap: ±2.00%, settled every 4 hours.

Key Contract Details (H3)

Contract

THEUSDT Perpetual

Launch Time

2024-11-27 at 12:15 UTC

Leverage

Up to 75x

Tick Size

To be confirmed

Trading Hours

24/7

Funding Rate

±2.00% (Initial cap)

Multi-Assets Mode

Users can trade THEUSDT Perpetual Contracts across multiple margin assets using Binance's Multi-Assets Mode. For example, BTC can be used as margin when trading these contracts.

What to Know About THEUSDT Perpetual Contracts (H2)

  • Funding Fee Settlement Frequency: Every four hours.

  • Dynamic Adjustments: Binance may modify contract specifications, including funding fees, leverage, and margin requirements based on market conditions.

  • Compliance: THEUSDT contracts are subject to Binance’s Terms of Use and Futures Service Agreement.