Exchange Announcement Tracking

May 23,2023
Binance: Binance will launch KEY 1-20x U standard perpetual contracts Fellow Binancians, Binance Futures will launch the USDⓈ-M KEY perpetual contract at 2023-05-24 12:00 (UTC), with up to 20x leverage.  More details on the KEYUSDT Perpetual Contract can be found in the table below:   USDⓈ-M Perpetual ContractKEYUSDTLaunch Time 2023-05-24 12:00 (UTC) Underlying AssetKEYSettlement AssetUSDTTick Size0.000001Capped Funding RateClamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)Max Leverage20xTrading Hours24/7Multi-Assets ModeSupported Please note:  Based on market risk conditions, Binance may adjust the specifications of the KEYUSDT Perpetual Contract from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.Multi-Assets Mode allows users to trade the KEYUSDT Perpetual Contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the KEYUSDT Perpetual Contract. The KEYUSDT Perpetual Contract is subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail. Further information: Trading Rules of USDⓈ-M Futures ContractsLeverage and Margin of USDⓈ-M Futures Contracts Binance Futures Fee StructureHow to Select Trading PairsFunding Rate HistoryMark Price and Price IndexMulti-Assets Mode Thanks for your support! Binance Team 2023-05-23 Trade on-the-go with Binance’s crypto trading app (iOS/Android) Find us on  TelegramTwitterFacebookInstagram Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice. Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning. Original link:
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