James Ding
Oct 02, 2024 10:30
Binance Futures expands its offerings with the DIAUSDT Perpetual Contract, providing up to 75x leverage for traders.
Binance Futures is set to expand its trading options with the launch of the DIAUSDT Perpetual Contract, offering leverage of up to 75x, according to Binance. The new contract is scheduled to go live on October 2, 2024, at 12:30 PM (UTC).
Details of the DIAUSDT Perpetual Contract
The DIAUSDT Perpetual Contract will feature a maximum funding rate of +2.00% / -2.00% at the time of launch, with funding fee settlements occurring every four hours. The contract will be subject to adjustments based on market risk conditions, which may include changes to the funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements.
Multi-Assets Mode
Binance’s Multi-Assets Mode will allow users to trade the DIAUSDT perpetual contract across multiple margin assets, subject to applicable haircuts. For instance, users can utilize BTC as margin when trading the DIAUSDT perpetual contract once the Multi-Assets Mode is activated.
Regulatory and Risk Considerations
The DIAUSDT Perpetual Contract will adhere to Binance’s Terms of Use and the Binance Futures Service Agreement. Users are advised to be aware of the high market risk and price volatility associated with futures trading. Binance emphasizes the importance of making independent assessments and consulting with advisers where appropriate.
Additionally, Binance reserves the right to amend or cancel the announcement at any time without prior notice. Users are encouraged to stay informed by referencing the original English version of the announcement for the most accurate information.
For more details, visit the official announcement.
Image source: Shutterstock
Credit: Source link
