Binance Adds Wormhole (W) on Earn, Convert, Margin & Futures
Fellow Binancians,
Binance is excited to announce that Wormhole (W) has been added to Binance Simple Earn and Binance Convert. In addition, Binance will add W on Binance Margin, Binance Futures and Binance Auto-Invest at 2024-04-03 15:30 (UTC), 2024-04-03 15:30 (UTC) and 2024-04-05 00:00 (UTC) respectively.Â
Earn
Users can now subscribe to W Flexible Products on Binance Simple Earn.
From 2024-04-05 at 00:00 (UTC), users may purchase W using any of the payment options supported on Binance Auto-Invest.
Convert
Users can now trade W against BTC, USDT and any other tokens supported by Binance Convert at zero fees.Â
Margin
Binance Margin will add W as a new borrowable asset on Cross and Isolated Margin, as well as the W/USDT pair on Cross and Isolated Margin at 2024-04-03 15:30 (UTC).
Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits, collateral ratio and rates.
Futures
Binance Futures will launch the USDâ-M W Perpetual Contract at 2024-04-03 15:30 (UTC), with up to 50x leverage.Â
More details on the USDâ-M W Perpetual Contract can be found in the table below:Â Â
USDâ-M Perpetual Contract
WUSDT
Launch TimeÂ
2024-04-03 15:30 (UTC)Â
Underlying Asset
Wormhole (W)
Settlement Asset
USDT
Tick Size
0.001
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
