Binance Futures will launch the USDⓈ-M FRONT perpetual contract at 2023-09-22 14:30 (UTC), with up to 10x leverage.
More details on the USDⓈ-M FRONT Perpetual Contract can be found in the table below:
The maximum funding rate of the FRONTUSDT Perpetual Contract at the time of launch is +3.00% / -3.00%.
Based on market risk conditions, Binance may adjust the specifications of the FRONTUSDT Perpetual Contract from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
Multi-Assets Mode allows users to trade the FRONTUSDT Perpetual Contract 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 FRONTUSDT Perpetual Contract.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
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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.