Binance Futures has announced the launch of two new USD-margined perpetual contracts – FUNUSDT and MLNUSDT, expanding the list of available trading pairs.
New Contracts and Launch Timing
The new contracts will be available for trading on March 31: FUNUSDT at 11:30 and MLNUSDT at 11:45, with leverage up to 50x.
Key Details
The new contracts will be available for futures copy trading within 24 hours of launch. Maximum funding rate at launch: ±2.00%, with funding fee payment frequency every four hours. Binance also noted that it may adjust contract specifications based on market risk conditions, including funding fees, confirmation size, leverage, and collateral requirements.
Impact on Users
The addition of these contracts is part of Binance's ongoing efforts to improve user experience and expand trading options on its futures platform.
The launch of the new FUNUSDT and MLNUSDT contracts offers users more flexibility in trading and increases the diversity of assets on the Binance Futures platform.