Binance Futures, a leading cryptocurrency derivatives exchange, has announced the launch of the BRETTUSDT Perpetual Contract, expanding its offerings and enhancing user experience. This new contract allows traders to leverage up to 50x and trade with USDⓈ margin.
Key Details:
- Launch Time: August 20, 2024, 10:35 (UTC)
- Underlying Asset: Brett (BRETT)
- Settlement Asset: USDT
- Tick Size: 0.00001
- Capped Funding Rate: +2.00% / -2.00%
- Funding Fee Settlement Frequency: Every Four Hours
- Maximum Leverage: 50x
- Trading Hours: 24/7
- Multi-Assets Mode Supported
Flexible Trading with Multi-Assets Mode
The BRETTUSDT Perpetual Contract supports Multi-Assets Mode, allowing users to trade with multiple margin assets, subject to applicable haircuts. For example, traders can use BTC as margin when trading this contract.
Important Notes:
- Binance reserves the right to adjust contract specifications based on market risk conditions.
- The contract is subject to Binance Terms of Use and Binance Futures Service Agreement.
- Discrepancies may arise in translated versions; refer to the original English version for accuracy.
Resources:
- Trading Rules of USDⓈ-M Futures Contracts
- Leverage and Margin of USDⓈ-M Futures Contracts
- Binance Futures Fee Structure
- How to Select Trading Pairs
- Funding Rate History
- Mark Price and Price Index
- Multi-Assets Mode
Trade with Caution:
Digital asset prices can be volatile, and trading carries risks. Ensure you understand the risks and terms before trading.
Stay Informed:
Follow Binance on social media and stay updated on the latest developments.
Disclaimer:
Binance is not liable for losses incurred due to trading. Consult advisors and assess risks before trading. Visit the Responsible Trading page for more information.
