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Binance Futures Will Launch BUSD-Margined ETC Perpetual Contracts with Up to 20X Leverage
Fellow Binancians,
Binance Futures will launch BUSD-margined ETC perpetual contracts with up to 20x leverage on 2022-07-28 02:45 (UTC). More details may be found in the table below:
BUSD-Margined Perpetual Contracts | ETCBUSD |
Launch Time | 2022-07-28 02:45 (UTC) |
Settlement Asset | BUSD |
Face Value | 1 ETC |
Tick Size | 0.001 |
Capped Funding Rate | Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio) |
Max Leverage | 20x |
Trading Hours | 24/7 |
Multi-Asset Mode | Supported |
Please note:
- ETCBUSD perpetual contracts are BUSD-margined futures contracts that use BUSD as collateral. Users will be able to select between 1-20x leverage.
- Based on market risk conditions, Binance may adjust the settings of these contracts from time to time.
- The Multi-Asset Mode allows users to trade USDⓈ-M perpetual contracts across multiple margin assets. Users can use USDT as margin when trading BUSD-margined perpetual contracts.
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