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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