Binance Futures Will Launch 1-50x USDC Standard 1000SHIB Perpetual Contract

Dear user:

In order to provide more Binance Futures trading options and improve user trading experience, the Binance Futures platform will launch the 1000SHIB USDC-margined perpetual contract

More information about the 1000SHIB USDC-margined perpetual contract is shown in the table below:

Please note:

• Users can currently enjoy a 10% discount on handling fees for all USDC-based contracts. Starting from 20:30 on July 3, 2024 (East Eight District time), you will be eligible to enjoy 0% Maker Fee and 0.017% Taker Fee for all USDC-based contracts. For more details, please refer to Announcement;

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

• Multi-asset model supports the above perpetual contracts. The multi-asset model supports assets other than USDC as 1000SHIBUSDC perpetual contract margin (including valuation discount). For example: users can use BTC as margin to trade 1000SHIBUSDC perpetual contract;

• The above USDC-based contracts are subject to the "Binance Terms of Use" and "Binance Contracts Service Agreement";

• There may be differences between the original English announcement and the translated version. In the event of any discrepancies, please refer to the original English version for the latest or most accurate information.

illustrate:

• U-based contract trading rules

• Leverage and margin of U-margined contracts

• How to switch contract trading pairs

• Binance Futures platform transaction fee table

• Mark price and index price

• Funding rate history

• Multi-asset model

Thank you for your support of Binance!

Binance Team

March 26, 2024