Binance Futures Will Launch USDⓈ-M BTC & ETH Quarterly 1229 Delivery Contracts With Up to 25x Leverage | Binance Support

Binance 2023-08-16 02:15:00

Fellow Binancians,
Binance Futures will launch the USDⓈ-M BTC and ETH Quarterly 1229 Delivery Contracts at 2023-08-18 12:00 (UTC) and 2023-08-18 12:15 (UTC) respectively, with up to 25x leverage. 
More details on the USDⓈ-M BTC and ETH Quarterly 1229 Delivery Contracts can be found in the table below:  
 
           USDⓈ-M Delivery Contracts
 
           BTCUSDT Quarterly 1229
 
           ETHUSDT Quarterly 1229
 
           Launch Time 
 
           2023-08-18 12:00 (UTC) 
 
           2023-08-18 12:15 (UTC) 
 
           Underlying Asset
 
           BTC
 
           ETH
 
           Settlement Asset
 
           USDT
 
           USDT
 
           Tick Size
 
           0.1
 
           0.01
 
           Capped Funding Rate
 
           Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
 
           Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
 
           Max Leverage
 
           25x
 
           25x
 
           Trading Hours
 
           24/7
 
           24/7
 
           Multi-Assets Mode
 
           Supported
 
           Supported
 
Please note: 
Based on market risk conditions, Binance may adjust the specifications of the USDⓈ-M BTC and ETH Quarterly 1229 Delivery Contracts from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
Multi-Assets Mode allows users to trade the USDⓈ-M BTC and ETH Quarterly 1229 Delivery Contracts across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the USDⓈ-M BTC and ETH Quarterly 1229 Delivery Contracts. 
The USDⓈ-M BTC and ETH Quarterly 1229 Delivery Contracts are subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Further information:
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
Thanks for your support!
Binance Team
2023-08-16

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
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