This is a general announcement. Products and services referred to here may not be available in your region.
Binance Futures will launch USDⓈ-M Binance Football Fan Token Index perpetual contracts (“FOOTBALLUSDT Perpetual Contracts”) with up to 25x leverage on 2022-09-01 at 03:00 (UTC). Binance Football Fan Token Index is a new cryptocurrency price index that tracks the top Football Club Fan Tokens listed on Binance Spot by market capitalization.
More details on FOOTBALLUSDT Perpetual Contracts can be found in the table below:
USDⓈ-M Perpetual Contracts
2022-09-01 03:00 (UTC)
Binance Football Fan Token Index
Index Base Level
Capped Funding Rate
Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
- Based on market risk conditions, Binance may adjust the specifications of the contracts from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
- Multi-Asset Mode allows users to trade FOOTBALLUSDT Perpetual Contracts across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Asset Mode is activated, users can use BUSD as margin when trading FOOTBALLUSDT Perpetual Contracts.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
- What Is the Binance Football Fan Token Index
- Trading Rules of USDT-Margined Futures Contracts
- Leverage and Margin of USDT-Margined Futures Contracts
- Binance Futures Fee Schedule
- How to Select Trading Pairs
- Funding Rate History
- Price Index
- Multi-Asset Mode
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