Binance Futures will launch the USDⓈ-M LSK Perpetual Contract with up to 50x leverage on 25-01-2024 at 17:15 to expand the list of trading options offered on Binance Futures and improve the trading experience of users.
Binance Futures Launches USDⓈ-M LSK Perpetual Contract with Up to 50x Leverage
The maximum funding rate of the LSKUSDT Perpetual Contract at launch is +2.00% / -2.00%.
The funding fee payment frequency is every four hours.
Qualifying USDⓢ margin futures liquidity providers will be able to benefit from 0.005% maker fee discounts for trades on the LSKUSDT Perpetual Contract for approximately 14 to 15 days.
Binance may change the specifications of the LSKUSDT Perpetual Contract from time to time, including funding fee, tick size, maximum leverage, initial margin and/or maintenance margin requirements, depending on market risk conditions.
Multi-Asset Mode allows users to buy and sell the LSKUSDT Perpetual Contract across multiple collateral assets, subject to applicable margin deductions.
For example, when Multi-Asset Mode is enabled, users can use BTC as collateral when trading on the LSKUSDT Perpetual Contract.
The LSKUSDT Perpetual Agreement is subject to the terms of the Binance Terms of Use and the Binance Futures Services Agreement.
*This is not investment advice.