binance.com
Fellow Binancians,
Binance Futures will launch USDⓈ-M STX and COCOS perpetual contracts on 2023-02-21 14:30 (UTC) and 2023-02-21 14:45 (UTC) respectively, with up to 20x leverage.
More details on STXUSDT and COCOSUSDT Perpetual Contracts can be found in the table below:
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USDⓈ-M Perpetual Contracts
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STXUSDT
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COCOSUSDT
|
|
Launch Time
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2023-02-21 14:30 (UTC)
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2023-02-21 14:45 (UTC)
|
|
Underlying Asset
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STX
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COCOS
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|
Settlement Asset
|
USDT
|
USDT
|
|
Tick Size
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0.0001
|
0.001
|
|
Capped Funding Rate
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Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
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Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
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|
Max Leverage
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20x
|
20x
|
|
Trading Hours
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24/7
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24/7
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|
Multi-Asset Mode
|
Supported
|
Supported
|
Please note:
- Based on market risk conditions, Binance may adjust the specifications of the contracts from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
- Multi-Asset Mode allows users to trade STXUSDT and COCOSUSDT Perpetual Contracts across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Asset Mode is activated, users can use BTC as margin when trading STXUSDT and COCOSUSDT Perpetual Contracts.
- STXUSDT and COCOSUSDT Perpetual Contracts are subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Further information:
- Trading Rules of USDⓈ-M Futures Contracts
- Leverage and Margin of USDⓈ-M Futures Contracts
- Binance Futures Fee Structure
- How to Select Trading Pairs
- Funding Rate History
- Price Index
- Multi-Asset Mode