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Binance Futures Will Launch Coin-Margined CHZ Perpetual Contracts with Up to 20X Leverage

2022-08-18 03:05
Fellow Binancians,
Binance Futures will launch coin-margined CHZ perpetual contracts with up to 20x leverage on 2022-08-18 12:00 (UTC). More details may be found in the table below:
Coin-Margined Perpetual Contracts
CHZUSD
Launch Time
2022-08-18 12:00 (UTC)
Settlement Asset
CHZ
Face Value
10 USD
Tick Size
0.0001
Capped Funding Rate
Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
Max Leverage
20x
Trading Hours
24/7
Multi-Asset Mode
Not Supported
Please Note:
  • CHZ perpetual contracts are coin-margined futures contracts that use CHZ as collateral.
  • Based on market risk conditions, Binance may adjust the settings of these contracts from time to time.
Further Information:
Thanks for your support!
Binance Team
2022-08-18
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.