Binance Futures Will Launch USDⓈ-M STX and COCOS Perpetual Contracts with Up to 20X Leverage

Fellow Binancians, Binance Futures will launch USDⓈ-M STX and COCOS perpetual contracts on 2023-02-21 14:30 (UTC) and 2023-02-21 14:45 (UTC) respectively, with up to 20x leverage. More details on STXUSDT and COCOSUSDT Perpetual Contracts can be found in the table below:

Launch Time 2023-02-21 14:30 (UTC) 2023-02-21 14:45 (UTC)
Underlying Asset STX COCOS
Settlement Asset USDT USDT
Tick Size 0.0001 0.001
Capped Funding Rate Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio) Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
Max Leverage 20x 20x
Trading Hours 24/7 24/7
Multi-Asset Mode Supported Supported

Please note:

  • Based on market risk conditions, Binance may adjust the specifications of the contracts from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
  • Multi-Asset Mode allows users to trade STXUSDT and COCOSUSDT Perpetual Contracts across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Asset Mode is activated, users can use BTC as margin when trading STXUSDT and COCOSUSDT Perpetual Contracts.
  • STXUSDT and COCOSUSDT Perpetual Contracts are 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
  • Price Index
  • Multi-Asset Mode



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