Binance is excited to announce the official launch of the BTCUSD Quarterly Futures contract with leverage up to 125x, now available on the Binance Futures web trading interface. The Mobile version will be made available at a later date.
As part of this launch, users will receive 30 days of maker fee rebates and enjoy as low as 0.020% in taker fees when trading on the BTCUSD Quarterly Futures Contract from 2020/06/11 08:00 AM (UTC) to 2020/07/10 08:00 AM (UTC). For further details, please refer to Fee Schedule of Binance Futures.
To trade Quarterly Futures you will need to have a Binance Futures account. If don’t have one yet, you can click here.
About BTCUSD Quarterly Futures Contracts
The BTCUSD Quarterly Futures Contract is Binance’s first derivative contract with a set expiration and settlement date. The contract is settled in the denominated BTC asset and will expire on the last Friday of the corresponding three-month period. The BTCUSD quarterly futures contract is labelled “BTCUSD Quarterly 0925”, indicating that the expiration date is set for 2020/09/25 8:00 AM (UTC).
- About Quarterly Futures Contracts
- Contract Specification of Quarterly Futures Contracts
- How to Transfer Funds to the Futures Wallet
- Mark Price in Quarterly Futures Contracts
- Leverage and Margin in Quarterly Futures Contracts
Risk warning: Futures trading is a highly risky endeavor, with the potential for both great profits and significant losses. Please be aware that in the event of extreme price movement, there is a chance that all margin balance in your futures wallet may be liquidated.
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