Binance Futures launches USDⓈ-M FRONT perpetual contract with up to 10x leverage on 22-09-2023 17:30.
So now investors will be able to trade in FRONT/USDT parity with a maximum leverage of 10x.
The announcement is as follows:
The maximum funding rate of the FRONTUSDT Perpetual Contract at launch is +3.00% / -3.00%.
Binance may change the specifications of the FRONTUSDT Perpetual Contract from time to time, including funding fee, confirmation 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 FRONTUSDT Perpetual Contract across multiple collateral assets, subject to applicable coefficients.
For example, when Multi-Asset Mode is enabled, users can use BTC as collateral when trading on the FRONTUSDT Perpetual Contract.
The FRONTUSDT Perpetual Agreement is subject to the terms of the Binance Terms of Use and the Binance Futures Services Agreement.
*This is not investment advice.
