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Binance Futures Will Launch USDⓈ-M XVS Perpetual Contract with Up to 20X Leverage

12.04.2023
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Fellow Binancians, Binance Futures will launch the USDⓈ-M XVS perpetual contract at 2023-04-13 02:30 (UTC) with up to 20x leverage. More details on the XVSUSDT Perpetual Contract can be found in the table below:

USDⓈ-M Perpetual Contract XVSUSDT
Launch Time 2023-04-13 02:30 (UTC)
Underlying Asset XVS
Settlement Asset USDT
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-Assets Mode Supported

Please note:

  • Based on market risk conditions, Binance may adjust the specifications of the XVSUSDT Perpetual Contract from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
  • Multi-Assets Mode allows users to trade the XVSUSDT Perpetual Contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the XVSUSDT Perpetual Contract.
  • The XVSUSDT Perpetual Contract is 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 Structure
  • How to Select Trading Pairs
  • Funding Rate History
  • Mark Price and Price Index
  • Multi-Assets Mode
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Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

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