This is a general announcement and the products and services mentioned here may not be available in your area.
Dear User:
To provide more Binance Futures trading options and enhance the user trading experience, the Binance Futures platform will launch the MBOXUSDT perpetual contract at 17:30 on August 28, 2024 (ET8), with a maximum leverage of 75x.
More information about MBOX USDT-margined perpetual contracts is shown in the table below:
Please note:
When MBOXUSDT perpetual contract is launched, the upper and lower limits of its funding rate are +2.00% / -2.00%;
Funding fees are settled every four hours;
Based on market risk conditions, Binance may adjust the above contract parameters, including funding rate, minimum price change, maximum leverage, initial margin, maintenance margin and other important parameters;
Multi-asset mode supports the above perpetual contracts. The multi-asset mode supports assets other than USDT as margin for MBOXUSDT perpetual contracts (including valuation discounts). For example: users can use BTC as margin to trade MBOXUSDT perpetual contracts;
The above perpetual contracts are subject to the Binance Terms of Use and the Binance Futures Service Agreement;
There may be discrepancies between the original English version and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.
illustrate:
Thank you for your support!
Binance Team
August 28, 2024
