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Binance Futures Will Launch BUSD-Margined ETC Perpetual Contracts with Up to 20X Leverage

Exchange

www.binance.com 27 July 2022 04:38, UTC
  
Reading time: ~2 m

Fellow Binancians,
Binance Futures will launch BUSD-margined ETC perpetual contracts with up to 20x leverage on 2022-07-28 02:45 (UTC). More details may be found in the table below:
BUSD-Margined Perpetual Contracts
ETCBUSD
Launch Time
2022-07-28 02:45 (UTC)
Settlement Asset
BUSD
Face Value
1 ETC
Tick Size
0.001
Capped Funding Rate
Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
Max Leverage
20x
Trading Hours
24/7
Multi-Asset Mode
Supported
Please note:
  • ETCBUSD 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.

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