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

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

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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

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