Binance Adds BounceBit (BB) on Earn, Buy Crypto, Convert, Margin & Futures

2024-05-13 16:20

BB/FDUSD

0.4284

+1692.47%

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance is excited to announce that BounceBit (BB) has been added to Binance Simple Earn, "Buy Crypto", and Binance Convert. In addition, Binance will add BB on Binance Margin, Binance Futures and Binance Auto-Invest at 2024-05-13 12:30 (UTC), 2024-05-13 12:30 (UTC) and 2024-05-15 10:00 (UTC) respectively.

Earn

Users can now subscribe to BB Flexible Products on Binance Simple Earn.

From 2024-05-15 at 10:00 (UTC), users may purchase BB using any of the payment options supported on Binance Auto-Invest.

Buy & Sell Crypto

Users may now buy BB directly with their credit/debit cards, Google Pay, Apple Pay, or buy and sell BB directly with their available wallet balances at the “Buy Crypto” page.

Convert

Users can now trade BB against BTC, USDT and any other tokens supported by Binance Convert at zero fees.

Margin

Binance Margin will add BB as a new borrowable asset on Cross and Isolated Margin, as well as the BB/USDT pair on Cross and Isolated Margin at 2024-05-13 12:30 (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 USDⓈ-M BB Perpetual Contract at 2024-05-13 12:30 (UTC), with up to 50x leverage.

More details on the USDⓈ-M BB Perpetual Contract can be found in the table below:

USDⓈ-M Perpetual Contract

BBUSDT

Launch Time

2024-05-13 12:30 (UTC)

Underlying Asset

BounceBit (BB)

Settlement Asset

USDT

Tick Size

0.0001

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

Please Note:

The maximum funding rate of the BBUSDT Perpetual Contract at the time of launch is +2.00% / -2.00%.

Risk Warning. 🤔🤔🤔😊😊