Binance Futures Announces Listing of This Altcon with 50x Leverage!

Binance Futures will list BSV on October 20, 2023 at 15:30.

Binance Futures Prepares to Launch USDⓈ-M BSV Perpetual Contract Offering Up to 50x Leverage

Here are the key details about the USDⓈ-M BSV Perpetual Contract:

Maximum Funding Rate: BSVUSDT Perpetual Contract will have a maximum funding rate of +2.00% / -2.00% at launch.

Funding Fee Calculation Frequency: Payment of funding fees will occur every four hours.

Binance reserves the right to change the specifications of the BSVUSDT Perpetual Contract as necessary, taking into account current market risk conditions.

This change may include adjustments to the funding fee, tick size, maximum leverage, initial margin and/or maintenance margin requirements.

Additionally, Multi-Asset Mode will empower users to participate in BSVUSDT Perpetual Contract trading using a variety of collateral assets, subject to applicable coefficients.

For example, when Multi-Asset Mode is enabled, traders can use BTC as collateral for transactions involving the BSVUSDT Perpetual Contract.

*This is not investment advice.