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Reading: Binance Launches USDC-Margined Perpetual Contracts with Leverage
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COINTURK NEWS > Binance > Binance Launches USDC-Margined Perpetual Contracts with Leverage
Binance

Binance Launches USDC-Margined Perpetual Contracts with Leverage

In Brief

  • Binance introduces USDC-margined perpetual contracts for major cryptocurrencies.

  • Users to enjoy 10% promotional fee discount during the launch period.

  • Platform may adjust contract features based on market risk conditions.

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COINTURK NEWS 2 years ago
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Platform aims to enhance user trading experiences and diversify trading options on Binance Futures with a strategic move, by launching USDC-margined Perpetual Contracts for BTC, ETH, BNB, SOL, and XRP, effective from 3 January 2024 at 15:30 Turkey time (UTC), offering up to 125x leverage.

Contents
USDC-Margined Futures Contracts FocusPromotional Period Incentives and EligibilityKey Considerations and Future Regulations

USDC-Margined Futures Contracts Focus

Binance announced that the fee structure for USDT-margined futures contracts will be seamlessly applied to all USDC-margined futures contracts.

Binance futures will offer a 10% promotional transaction fee discount on all transactions related to USDC-margined futures contracts. The promotional period will start on 3 January 2024, at 15:30 Turkey time, and will continue until 3 April 2024, at 15:30.

Promotional Period Incentives and Eligibility

During the promotional period, all users will have the opportunity to benefit from a 10% promotional transaction fee discount on all USDC-margined futures contracts.

For users who prefer to pay trading fees on the Binance Futures platform using BNB, the 10% promotional trading fee discount for USDC-margined futures contracts will be an additional advantage on top of the existing 10% BNB fee discount.

Key Considerations and Future Regulations

Let’s note that Binance reserves the right to adjust the features of these futures contracts depending on market risk conditions. Possible adjustments may include elements such as funding fees, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.

As users step into this new era of trading with USDC-margined futures contracts, Binance has indicated that standard trading fees will continue after the end of the promotion.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 28 December, 2023 - 1:26 pm 28 December, 2023 - 1:26 pm
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