Binance Futures has announced the launch of the USDⓈ-M TIA Perpetual Contract With Up to 50x Leverage.
The primary features of the USDⓈ-M TIA Perpetual Contract are summarized below:
- Underlying Asset: TIA
- Settlement Asset: USDT
- Launch Time: 2023-10-31 18:00 (UTC)
- Tick Size: 0.0001
- Trading Hours: 24/7
- Support for Multi-Assets Mode.
- Capped Funding Rate: +2.00% / -2.00%, with funding fee settlements taking place every four hours.
- Maximum Funding Rate at launch: +2.00% / -2.00%.
Please note that the aforementioned funding fee and capped rate will apply at the following times:
- 2023-10-31 20:00 (UTC)
- 2023-11-01 00:00 (UTC)
- 2023-11-01 04:00 (UTC)
- 2023-11-01 08:00 (UTC)
Binance reserves the right to modify these specifications due to market risk conditions. This could potentially touch upon the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.