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Binance Futures Will Launch DOGSUSD COIN-M Perpetual Contract with up to 20x Leverage
Fellow Binancians,
Binance Futures will launch the DOGSUSD COIN-M Perpetual Contract at 2024-09-10 10:00 (UTC),with up to 20x leverage.
More details on the DOGSUSD COIN-M Perpetual Contract can be found in the table below:
COIN-M Perpetual Contract | DOGSUSD |
Launch Time | 2024-09-10 10:00 (UTC) |
Underlying Asset | Dogs (DOGS) |
Settlement Asset | DOGS |
Tick Size | 0.0000001 |
Capped Funding Rate | Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio) |
Funding Fee Settlement Frequency | Every Eight Hours |
Maximum Leverage | 20x |
Trading Hours | 24/7 |
Multi-Assets Mode | Not Supported |
Please Note:
The funding fee settlement frequency is every eight hours.
Based on market risk conditions, Binance may adjust the specifications of the aforementioned futures contract(s) from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
The DOGSUSD Perpetual Contract is subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Further Information:
Trading Rules of COIN-M Futures Contracts
Leverage and Margin of COIN-M Futures Contracts
Binance Futures Fee Structure
How to Select Trading Pairs
Funding Rate History
Mark Price and Price Index
Thank you for your support!
Binance Team
2024-09-05
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