In an effort to diversify trading opportunities and enrich the trading experience for its users, Binance Futures will launch new perpetual contracts.
On May 2, 2024, at 07:00 UTC, the ENA/USDC perpetual contract will debut on the platform, followed by the ETHFI/USDC perpetual contract at 07:15 UTC and the 1000BONK/USDC perpetual contract at 07:30 UTC, each offering up to 50x leverage.
According to Binance, starting at 12:30 UTC on April 3, 2024, participants will be able to take advantage of zero transaction fees and a 0.017% fee on all USDC margin futures contract trades, further enhancing the appeal of these new offerings.
It is worth noting that Binance reserves the right to flexibly adjust the specifications of these contracts in accordance with prevailing market risk conditions. This may include adjusting factors such as funding fees, tick size, maximum leverage, and initial and maintenance margin requirements.
In addition, Multi-Asset Mode allows users to trade these futures contracts with different margin assets, albeit with some limitations.
For example, activating Multi-Asset Mode allows traders to use BTC as collateral when trading the aforementioned perpetual contracts.
Binance's offering underscores the exchange's commitment to meeting the needs of its users in a rapidly evolving cryptocurrency market.
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