Binance Futures announced the listing of NULS and DOGS with leverage options of up to 75x. The contracts will be available starting August 26, 2024.
Contract Launch Details
The NULSUSDT perpetual contract will be launched on August 26, 2024 at 11:30 AM, and the DOGSUSDT perpetual contract will be launched on August 26, 2024 at 3:30 PM, with maximum leverage up to 75x.
Funding and Reconciliation
The maximum funding rate will be +2.00% / -2.00%. Funding fee settlement frequency will be every four hours.
Dynamic Adjustments and Multi-Entity Mode
Binance may adjust contract features, including funding fee, tick size, leverage, and margin requirements, based on market conditions. Traders can use Binance's Multi-Asset Mode, which allows margin trading across multiple assets. For example, BTC can be used as margin when trading these perpetual contracts.
The new contracts are part of Binance Futures' ongoing efforts to enhance trading options and improve user experience in the fast-paced world of crypto derivatives.
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