Binance Futures has announced the listing of SYS with up to 50x leverage. The new offering will be available from August 19, 2024.
Launch Date and Conditions
The new offering will go live on August 19, 2024 at 15:30 CET. Traders will be able to leverage their positions up to 50x.
SYSUSDT Contract Features
The SYSUSDT perpetual contract will have a maximum funding rate of +2.00% / -2.00%, with funding fee payments occurring every four hours. Specifications, including funding fees, leverage, tick size, and collateral requirements, may be adjusted depending on market risk conditions.
Utilizing Multi-Asset Mode
Traders will also be able to take advantage of Binance’s Multi-Asset Mode, which allows them to use various margin assets such as Bitcoin (BTC) when trading the SYSUSDT perpetual contract.
This new launch underscores Binance Futures’ commitment to providing both flexibility and choice to its users by offering a wide range of trading instruments.
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