Dear user:

Binance will launch the PERP 1-20 times U-based perpetual contract at 20:00 on March 6, 2023 (Eastern Eighth District time).

More information about the PERPUSDT perpetual contract is shown in the table below:

Notice:

  • Based on market risk conditions, Binance may adjust contract parameters, including adjusting minimum price changes, maximum leverage, initial margin, maintenance margin and other important parameters.

  • The multi-asset model supports PERPUSDT perpetual contracts. The multi-asset model supports assets other than USDT as margin for U-based perpetual contracts (including valuation discounts). For example: Users can use BTC as margin to trade PERPUSDT perpetual contracts.

  • The PERPUSDT Perpetual Contract will be subject to the Binance Terms of Use and the Binance Futures Service Agreement.

  • 本公告翻譯與英文原文不一致時，以英文版本為準。

illustrate:

  • U-based contract trading rules

  • Leverage and margin for U-margined contracts

  • How to switch contract trading pairs

  • Binance Futures platform transaction fee table

  • price index

  • Funding rate history

  • Multi-asset model

Thank you for your support of Binance!

Binance Team

March 03, 2023
 

Click to download the iPhone or Android version of the APP now

Binance Community

  • Discord

  • Facebook

  • Twitter

  • Chinese Twitter

Binance has always attached great importance to compliance obligations, and has always strictly abided by the relevant requirements of local regulatory agencies, and please abide by the relevant laws and regulations of the country or region where you are located.
Binance reserves the right to modify, change or cancel this announcement at any time and for any reason at its sole discretion without prior notice.

Risk warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may fluctuate and you may lose the amount invested. You will be solely responsible for your investment decisions, and Binance is not responsible for any losses that may occur. Contract trading in particular is subject to high market risk and price volatility, and in the event of adverse price movements, your entire margin balance may be liquidated. Past performance is also not a reliable predictor of future performance. Before trading, you should make your own assessment of whether trading is suitable based on your own objectives and circumstances, including risks and potential benefits, and consult an independent financial advisor. This article should not be considered financial or investment advice. If you want to know how to trade responsibly, please refer to the Binance Responsible Trading Information Page. Please see Binance’s Terms of Use and Risk Warning for more details.