Binance, one of the world's leading cryptocurrency exchanges, will list BIGTIME in futures today at 17:30.
Transactions can be opened on BIGTIME with up to 20 times leverage.
Binance Futures Prepares to Launch BIGTIME Perpetual Contract Offering Up to 20x Leverage
Binance's statement is as follows:
Features of the BIGTIME/USDT Perpetual Contract may be subject to adjustments by Binance in response to market risk conditions. These potential changes include things like funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements.
A notable feature of the BIGTIMEUSDT Perpetual Contract is the introduction of Multi-Asset Mode.
This innovative mode allows users to trade the BIGTIMEUSDT Perpetual Contract with various collateral assets, subject to applicable coefficients.
For example, when Multi-Asset Mode is enabled, traders can use BTC as margin when participating in trades involving the BIGTIMEUSDT Perpetual Contract.
It is important to note that the BIGTIMEUSDT Perpetual Contract is subject to the terms set forth in the Binance Terms of Use and the Binance Futures Services Agreement.
This ensures that investors have a clear understanding of the contractual framework within which they operate.