CDS Airdrop & Listing Binance Futures Will Launch USDⓈ-M STX and COCOS Perpetual Contracts with Up to 20X Leverage
Airdrop & Listing

Binance Futures Will Launch USDⓈ-M STX and COCOS Perpetual Contracts with Up to 20X Leverage

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Binance Futures Will Launch USDⓈ-M STX and COCOS Perpetual Contracts with Up to 20X Leverage

The following information was taken from www.binance.com

Binance Futures Will Launch USDⓈ-M STX and COCOS Perpetual Contracts with Up to 20X Leverage

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.

Binance Futures Will Launch USDⓈ-M STX and COCOS Perpetual Contracts with Up to 20X Leverage

More details on STXUSDT and COCOSUSDT Perpetual Contracts can be found in the table below:

USDⓈ-M Perpetual ContractsSTXUSDTCOCOSUSDT
Launch Time2023-02-21 14:30 (UTC)2023-02-21 14:45 (UTC)
Underlying AssetSTXCOCOS
Settlement AssetUSDTUSDT
Tick Size0.00010.001
Capped Funding RateClamp (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 Leverage20x20x
Trading Hours24/724/7
Multi-Asset ModeSupportedSupported

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 Вinance 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.
Binance Futures Will Launch USDⓈ-M STX and COCOS Perpetual Contracts with Up to 20X Leverage

Further information:

Thanks for your support!

Вinance Team

Source

www.binance.com

Check out more of our latest news here

Written by
ali009

The author is 28 year old student recently graduated from Celal Bayar University, Faculty of Medicine. Currently he works as a writer and translator for different platforms.

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