This is a general announcement and the products and services mentioned here may not be available in your area.
Dear User:
To provide more Binance Futures trading options and enhance user trading experience, Binance Futures will launch NEIROUSDT and 1MBABYDOGEUSDT perpetual contracts at 19:30 (ET on September 16, 2024) and 19:35 (ET on September 16, 2024), respectively, with a maximum leverage of 75x.
More information about the above perpetual contracts is shown in the table below:
*Please note that this contract is "First NeiroFirst Neiro On Ethereum" (NEIRO), and the address is 0x812ba41e071c7b7fa4ebcfb62df5f45f6fa853ee. It is a different token from the NEIROETHUSDT contract launched on September 6, 2024 (address: 0xee2a03aa6dacf51c18679c516ad5283d8e7c2637).
Please note:
When the above perpetual contracts are launched, the upper and lower limits of the funding rate are +2.00% / -2.00%;
Funding fees are settled every four hours;
Based on market risk conditions, Binance may adjust the above contract parameters, including funding rate, minimum price change, maximum leverage, initial margin, maintenance margin and other important parameters;
The multi-asset model supports the above perpetual contracts. The multi-asset model supports assets other than USDT as margin for NEIROUSDT and 1MBABYDOGEUSDT perpetual contracts (including valuation discounts). For example: users can use BTC as margin to trade the above perpetual contracts;
The above USDT-margined contracts are subject to the Binance Terms of Use and Binance Futures Service Agreement;
There may be discrepancies between the original English version and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.
illustrate:
U-standard contract trading rules
Leverage and Margin for U-margin Contracts
How to switch contract trading pairs
Binance Futures Trading Fee Schedule
Mark Price vs Index Price
Funding Rate History
Multi-asset model
Thank you for your support!
Binance Team
September 16, 2024
Note: This announcement has been revised on September 16, 2024 to clarify that the minimum price changes of NEIROUSDT and 1MBABYDOGEUSDT have been updated to 0.0000001 and 0.0000001 respectively.
