In order to diversify trading options and improve user experience, Binance Futures will list MAVIA on February 21, 2024 at 13:00 with up to 50x leverage.
Binance Futures Introduces USDⓈ-M MAVIA Perpetual Contract Offering Up to 50x Leverage
Launching with a maximum funding rate of +2.00% / -2.00%, the MAVIAUSDT Perpetual Contract will see funding fee payments occurring every four hours.
Additionally, eligible liquidity providers trading USDⓢ margin futures can expect a 0.005% maker fee refund on trades executed on the MAVIAUSDT Perpetual Contract for an estimated 14 to 15 days. Detailed information about this can be found in the official announcement.
Binance reserves the right to adjust the specifications of the MAVIAUSDT Perpetual Contract based on current market risk conditions, including factors such as funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements.
The introduction of Multi-Asset Mode further enriches the trading environment, allowing users to participate in the MAVIAUSDT Perpetual Contract using a variety of margin assets, subject to applicable deductions.
For example, enabling Multi-Asset Mode allows users to use BTC as margin when trading on the MAVIAUSDT Perpetual Contract.
As Binance continues to innovate and expand its offerings, the launch of the USDⓈ-M MAVIA Perpetual Contract marks another milestone in the platform's commitment to providing diverse and dynamic trading opportunities for its global user base.
*This is not investment advice.