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Update to Binance Futures Contract Categories
Binance
2020-08-04 10:53
Fellow Binancians,
Binance will rename and recategorize the current futures contracts available on the Binance Futures trading platform as follows:
  • USDT-Ⓜ Futures: These are futures contracts that use stablecoins i.e. USDT as collateral. For example, BTCUSDT Perpetual futures contract is a USDT-margined futures contract.
  • COIN-Ⓜ Futures: COIN-Ⓜ futures are futures contracts that use non-stablecoin assets i.e. Bitcoin, Ethereum as collateral. For example, the BTCUSD Quarterly 0925 contract is a coin-margined futures contract.
For further information, read our blog post here.
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.
Thanks for your support!
Binance Team
2020/08/04
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