The following information was taken from www.binancе.com
Fellow Binancians,
Вinance Futures will launch the USDⓈ-M HFT perpetual contract at 2023-04-06 12:00 (UTC) with up to 20x leverage.
Binance Futures Will Launch USDⓈ-M HFT Perpetual Contract with Up to 20X Leverage
More details on the HFTUSDT Рerpetual Contract can be found in the table below:
| USDⓈ-M Рerpetual Contract | HFTUSDT |
| Launch Time | 2023-04-06 12:00 (UTC) |
| Underlying Asset | HFT |
| Settlement Asset | USDT |
| Tick Size | 0.0001 |
| Capped Funding Rate | Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio) |
| Max Leverage | 20x |
| Trading Hours | 24/7 |
| Multi-Assets Mode | Supported |
Please note:
- Based on market risk conditions, Вinance 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-Assets Mode allows users to trade the HFTUSDT Рerpetual Contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the HFTUSDT Рerpetual Contract.
- The HFTUSDT Рerpetual Contract is 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.
Further information:
- Trading Rules of USDⓈ-M Futures Contracts
- Leverage and Margin of USDⓈ-M Futures Contracts
- Binance Futures Fee Structure
- How to Select Trading Pairs
- Funding Rate History
- Mark Price and Price Index
- Multi-Assets Mode
Thanks for your support!
Binance Team
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