Binance Futures has announced the introduction of new perpetual contracts, BANUSDT and AKTUSDT, which will be available for trading from November 18, 2024, offering a significant leverage for traders.
Key Contract Details
The BANUSDT and AKTUSDT contracts will come into effect on November 18, 2024, at 14:30. The minimum order size will be 0.0001 for BANUSDT and 0.001 for AKTUSDT.
Features and Benefits
A funding fee settlement frequency is set for every four hours. The Multi-Entity Mode will be supported, allowing users to manage collateral efficiently since the contracts settle in USDT.
Additional Investor Information
The maximum funding rate for these contracts will initially be limited to ±2.00%. The multi-asset mode supports various cryptocurrencies as collateral. Verified contract addresses are BAN: 9PR7nCP9DpcUotnDPVLUBUZKu5WAYkwrCUx9wDnSpump, AKT: ibc/1480B8FD20AD5FCAE81EA87584D269547DD4D436843C1D20F15E00EB64743EF4.
The launch of new perpetual contracts further strengthens Binance Futures' position as a leading cryptocurrency derivatives exchange.
