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Binance Futures Will Launch USDT-Margined SAND, ANKR Perpetual Contracts with Up to 20X Leverage

Binance Futures Will Launch USDT-Margined SAND, ANKR Perpetual Contracts with Up to 20X Leverage

2021-01-25 04:59
Fellow Binancians,
Binance Futures will launch USDT-margined SAND and ANKR perpetual contracts with up to 20x leverage with trading open scheduled as below:
  • USDT-Margined SAND 20X Perpetual Contracts at 2021-01-25 7:00 AM (UTC)
  • USDT-Margined ANKR 20X Perpetual Contracts at 2021-01-26 7:00 AM (UTC)
Please note: The SAND and ANKR perpetual contracts are USDT-margined futures contracts that use USDT as collateral. Users will be able to select between 1-20x leverage.
Binance Futures will also update the risk and margin tiers of AAVEUSDT and UNIUSDT Perpetual Contracts at 2021-01-25 10:00 AM (UTC) as per the table below.
Position
(Notional Value in USDT)
Leverage
Initial Margin Rate
Maintenance
Margin Rate
≤ 50,000
50x
2.00%
1.00%
≤ 250,000
25x
4.00%
2.00%
≤ 1,000,000
10x
10.00%
5.00%
≤ 2,000,000
5x
20.00%
10.00%
≤ 5,000,000
4x
25.00%
12.50%
≤ 10,000,000
3x
33.33%
16.65%
> 10,000,000
2x
50.00%
25.00%
> 10,000,000
1x
100.00%
25.00%

Further information:
Risk warning: Futures trading carries a substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movement. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Futures.
Thanks for your support!
Binance Team
2021-01-25
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