Fellow Binancians,
Binance Futures will launch BUSD-margined WAVES and LINK perpetual contracts with up to 20x leverage on 2022-06-29 02:45 (UTC) and 2022-06-30 02:45 (UTC) respectively. More details may be found in the table below:
BUSD-Margined Perpetual Contracts | WAVESBUSD | LINKBUSD |
Launch Time | 2022-06-29 02:45 (UTC) | 2022-06-30 02:45 (UTC) |
Settlement Asset | BUSD | BUSD |
Face Value | 1 WAVES | 1 LINK |
Tick Size | 0.001 | 0.001 |
Capped Funding Rate | Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio) | Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio) |
Max Leverage | 20x | 20x |
Trading Hours | 24/7 | 24/7 |
Multi-Asset Mode | Supported | Supported |
Please note:
- WAVESBUSD and LINKBUSD perpetual contracts are BUSD-margined futures contracts that use BUSD as collateral. Users will be able to select between 1-20x leverage.
- Based on market risk conditions, Binance may adjust the settings of these contracts from time to time.
- The Multi-Asset Mode allows users to trade USDâ-M perpetual contracts across multiple margin assets. Users can use USDT as margin when trading BUSD-margined perpetual contracts.
Further information:
- Trading Rules of BUSD Futures Contracts
- Leverage and Margin of BUSD Futures Contracts
- Binance Futures Fee Schedule
- How to Select Trading Pairs
- Funding Rate History
- Price Index
- Multi-Asset Mode
Thanks for your support!
Binance Team
2022-06-28
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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.
Note: The announcement was last updated on 2022-06-28 to update the ticker for WAVE to WAVES.
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