Launch of USDⓈ-Margined TRUMPUSDT Perpetual Contract on Binance Futures

Introducing the TRUMPUSDT Perpetual Contract: A New Era for Binance Futures

Binance Futures is set to enhance the trading experience for users by launching the TRUMPUSDT Perpetual Contract. This contract, featuring a unique meme token based on the official Trump (TRUMP), will go live on January 18, 2025, at 13:00 (UTC).

Key Details of TRUMPUSDT Perpetual Contract

• Launch Time: January 18, 2025, at 13:00 (UTC)
• Underlying Asset: Official Trump (TRUMP)
• Settlement Asset: USDT
• Tick Size: 0.001
• Capped Funding Rate: +2.00% / -2.00%
• Funding Fee Settlement Frequency: Every four hours
• Maximum Leverage: 25x
• Trading Hours: 24/7
• Multi-Assets Mode: Supported

Understanding the TRUMPUSDT Contract

The TRUMPUSDT contract provides traders with the opportunity to leverage their investments significantly, with a maximum of 25x leverage available. This is particularly attractive for those looking to maximize their returns while trading a popular meme token.

Funding Rates and Settlement

The contract features a capped funding rate at launch of +2.00% / -2.00%, enabling traders to better manage their financial exposure. Funding fees will be settled every four hours, ensuring real-time adjustments according to market fluctuations.

Multi-Assets Mode Support

One of the standout features of the TRUMPUSDT contract is the Multi-Assets Mode, allowing users to trade against a variety of margin assets, including Bitcoin (BTC). This adds flexibility and strategic options for traders looking to diversify their portfolios.

Market Adaptability

Binance reserves the right to adjust contract specifications based on prevailing market conditions, including changes to funding fees, tick sizes, leverage, and margin requirements. This ensures that the trading environment remains responsive and beneficial for users.

Conclusion

With the introduction of the TRUMPUSDT Perpetual Contract, Binance Futures is not only expanding its product offerings but also enhancing the overall trading experience. This contract may attract both seasoned traders and newcomers eager to explore the dynamic world of crypto trading.

Stay Updated!

For the latest updates and more details, keep an eye on Binance's official communications. Happy trading!