This is a general announcement; the products and services mentioned may not be available in your area.
Dear User:
To provide more options for Binance contract trading and enhance user experience, the Binance contract platform will launch NEIROUSDT and 1MBABYDOGEUSDT perpetual contracts at 19:30 (UTC+8) and 19:35 (UTC+8) on September 16, 2024, with a maximum leverage of up to 75 times.
More information about the above perpetual contracts is shown in the table below:
*Please note that this contract is ‘First Neiro On Ethereum’ (NEIRO), address 0x812ba41e071c7b7fa4ebcfb62df5f45f6fa853ee. It is a different token from the NEIROETHUSDT contract which will launch on September 6, 2024 (address: 0xee2a03aa6dacf51c18679c516ad5283d8e7c2637).
Please Note:
When the perpetual contract goes live, its funding fee rate will range from +2.00% to -2.00%;
Funding fees are settled every four hours;
Depending on market risk conditions, Binance may adjust the parameters of the above contract, including funding fee rates, minimum price fluctuations, maximum leverage, initial margin, maintenance margin, and other important parameters;
Multi-Asset Mode supports the above perpetual contracts. Multi-Asset Mode allows assets other than USDT to be used 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-denominated contracts are subject to the (Binance Terms of Use) and (Binance Contract Service Agreement);
The English version of the announcement may differ from the translated version. If there are any discrepancies, please refer to the English version for the latest or most accurate information.
Note:
USDT Denominated Contract Trading Rules
Leverage and Margin of USDT Denominated Contracts
How to Switch Contract Trading Pairs
Binance Contract Platform Trading Fee Rate Table
Mark Price and Index Price
Funding Fee Rate History
Multi-Asset Mode
Thank you for your support of Binance!
Binance Team
September 16, 2024
Note: This announcement was revised on September 16, 2024, clarifying that the minimum price fluctuations for NEIROUSDT and 1MBABYDOGEUSDT have been updated to 0.0000001 and 0.0000001 respectively.
