Binance Futures Will Launch BUSD-Margined AGIX Perpetual Contracts

Fellow Binancians,

Binance Futures will launch BUSD-margined AGIX perpetual contracts with up to 15x leverage on 2023-01-19 02:30 (UTC). More details may be found in the table below:

BUSD-Margined Perpetual Contracts	AGIXBUSD
Launch Time	2023-01-19 02:30 (UTC)
Settlement Asset	BUSD
Face Value	1 AGIX
Tick Size	0.0001
Capped Funding Rate	Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
Max Leverage	15x
Trading Hours	24/7
Multi-Asset Mode	Supported

Please note:

AGIXBUSD perpetual contracts are BUSD-margined futures contracts that use BUSD as collateral. Users will be able to select between 1-15x 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.

Further information:

Trading Rules of BUSD Futures Contracts
Leverage and Margin of BUSD Futures Contracts
Binance Futures Fee Schedule
How to Select Trading Pairs
Funding Rate History
Price Index
Multi-Asset Mode

Thanks for your support!

Binance Team

2023-01-17

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

Find us on

Telegram: https://t.me/binanceexchange

Twitter: https://twitter.com/binance

Facebook: https://www.facebook.com/binance

Instagram: https://www.instagram.com/binance

Binance reserves the right in its sole discretion to amend or change 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.

Read the original article at binance

Stay tuned to CoinCarp Social Media and Discuss with Us:

X (Twitter) | Telegram | Reddit

Download CoinCarp App Now: https://www.coincarp.com/app/