Binance Futures Will Launch USDⓈ-M SPELL Perpetual Contracts with Up to 25X Leverage

Fellow Binancians,
Binance Futures will launch USDⓈ-M SPELL perpetual contracts with up to 25x leverage on 2022-09-06 at 12:00 (UTC).
More details on SPELLUSDT Perpetual Contracts can be found in the table below:

Please note:

• Based on market risk conditions, Binance may adjust the specifications of the contracts from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
• Multi-Asset Mode allows users to trade SPELLUSDT Perpetual Contracts across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Asset Mode is activated, users can use BUSD as margin when trading SPELLUSDT Perpetual Contracts.
• SPELLUSDT Perpetual Contracts are 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 Contracts
• Leverage and Margin of USDⓈ-M Futures Contracts
• Binance Futures Fee Schedule
• How to Select Trading Pairs
• Funding Rate History
• Price Index
• Multi-Asset Mode

Source