Binance Integrates Thena (THE) Across Multiple Services: What You Need to Know

Introduction: Thena (THE) Now Available on Binance

Binance has expanded its offerings by adding Thena (THE) to its platform, giving users new avenues for trading, investing, and earning. With the seamless integration of THE across various Binance services, users can take full advantage of the following functionalities.

Thena's Availability Across Binance Services

Here's a detailed breakdown of how Thena (THE) can be utilized within Binance:

1. Earn Products

• Flexible Products Listing: Thena (THE) will be available for subscription on Binance Simple Earn starting from November 27, 2024, at 10:00 UTC.
• Auto-Invest: Users can start investing in THE through Binance Auto-Invest beginning November 28, 2024, at 10:00 UTC.

2. Buy Crypto

Users have the convenience of purchasing THE using multiple payment methods:

• VISA
• MasterCard
• Google Pay
• Apple Pay
• Wallet balances

This service will become available within one hour of THE's listing on Binance Spot.

3. Convert

Trading THE against popular cryptocurrencies like BTC and USDT can be done through Binance Convert without any fees, effective within one hour of THE’s Spot listing.

4. Margin Trading

From November 27, 2024, at 12:00 UTC, Thena (THE) will be available as a borrowable asset on both Cross and Isolated Margin. The trading pairs include:

• THE/USDT

It is essential to stay updated by checking the latest Margin Data for any limits, collateral ratios, and rates.

5. Futures Launch: THEUSDT Perpetual Contracts

Binance Futures will introduce the USDⓈ-M THE Perpetual Contract on November 27, 2024, at 12:15 UTC. Here are some key features:

• Leverage: Up to 75x
• Settlement Asset: USDT
• Funding Rate Cap: ±2.00%, settled every 4 hours

Key Contract Details

• Multi-Assets Mode: Users can trade THEUSDT Perpetual Contracts using multiple margin assets. For example, BTC can be employed as margin while engaging in these contracts.

What to Know About THEUSDT Perpetual Contracts

As traders prepare for the introduction of THEUSDT Perpetual Contracts, it is crucial to understand the functionalities and advantages of leveraging this new asset in the Binance ecosystem. Being equipped with the right knowledge will facilitate informed trading decisions.