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.

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