Fellow Binancians,
Binance Futures will launch BUSD-margined SAND and LTC perpetual contracts with up to 20x leverage on 2022-07-07 02:45 (UTC) and 2022-07-07 03:00 (UTC) respectively. More details may be found in the table below:
BUSD-Margined Perpetual Contracts
|
SANDBUSD
|
LTCBUSD
|
Launch Time
|
2022-07-07 02:45 (UTC)
|
2022-07-07 03:00 (UTC)
|
Settlement Asset
|
BUSD
|
BUSD
|
Face Value
|
1 SAND
|
1 LTC
|
Tick Size
|
0.001
|
0.01
|
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:
- SANDBUSD and LTCBUSD 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 USDⓈ-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