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Contract Specifications of USDⓈ-M Futures
Binance
2020-07-05 07:06
Important note: USDⓈ-M futures contracts on Binance Futures are not an inverse contract, they have clear pricing rules and are settled either in USDT or BUSD.
For complete USDⓈ-M futures contract specifications, please refer to:
Minimum order notional limit rule for USDⓈ-M futures contracts:
The minimum notional value of each order must be no less than the threshold 5 USDT. If the order notional value is less than the set threshold (5 USDT), the order will be rejected.
For example, if the user opens an order of 0.001 BTC > 5 USDT notional value, the order can be successfully placed; if the user opens an order 1 TRX < 5 USDT notional value, the order will be rejected.
Note:
  • “Reduce-Only” order is not affected.
  • Binance Futures will adjust the minimum order threshold from time to time without prior announcement, users can check via API for details.
Example of Trading Rules page: