James Ding
Oct 02, 2024 10:30
Binance Futures enhances its platform with the introduction of the DIAUSDT Perpetual Contract, offering traders leverage up to 75x.
Binance Futures is preparing to broaden its trading capabilities with the upcoming launch of the DIAUSDT Perpetual Contract, which will provide up to 75x leverage, as announced by Binance. This new contract is expected to go live on October 2, 2024, at 12:30 PM (UTC).
Specifications of the DIAUSDT Perpetual Contract
The DIAUSDT Perpetual Contract will have a maximum funding rate of +2.00% / -2.00% upon its launch, with funding fee settlements every four hours. The contract conditions will be subject to adjustments depending on market risk factors, which may involve modifications to the funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements.
Multi-Assets Mode
Binance’s Multi-Assets Mode will enable users to trade the DIAUSDT perpetual contract using various margin assets, subject to specific haircuts. For example, once Multi-Assets Mode is enabled, users can use BTC as collateral when trading the DIAUSDT perpetual contract.
Regulatory and Risk Factors
The DIAUSDT Perpetual Contract will comply with Binance’s Terms of Use and the Binance Futures Service Agreement. Users should be mindful of the significant market risks and price volatility that come with futures trading. Binance highlights the necessity for independent evaluations and the consultation of advisers when necessary.
Moreover, Binance maintains the right to modify or revoke this announcement without prior notification. Users are encouraged to reference the original English version of the announcement for the most precise information.
For further details, please refer to the official announcement.
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