Binance Adds Dar Open Network (D) to Earn and Trading Options

Binance Lists Dar Open Network (D) - Everything You Need to Know

Binance, one of the leading cryptocurrency exchanges, has announced the listing of Dar Open Network (D) across various trading platforms. This integration allows users a variety of options to purchase, trade, and invest in D. Here’s an in-depth look at the exciting features and trading options associated with this new addition.

Key Details for Dar Open Network (D) Listing

Earn with Dar Open Network (D)

Flexible Products: D will be available on Binance Simple Earn starting from January 9, 2025, 08:00 (UTC).
Auto-Invest: Users can initiate purchases of D through Binance Auto-Invest beginning January 10, 2025, 10:00 (UTC).

Buying and Selling Crypto

Users can purchase D using various payment methods, including:

VISA
MasterCard
Google Pay
Apple Pay

The trading of D will commence within one hour of its listing on Binance Spot.

Conversion Options

Traders can convert D against major cryptocurrencies such as BTC and USDT with zero fees through Binance Convert, available shortly after the listing.

Margin Trading

D will also create opportunities in margin trading:

Borrowable Asset: D will be available as a borrowable asset starting January 9, 2025, at 10:00 (UTC).
Trading Pairs: Available pairs include D/USDT for both Cross and Isolated Margin trading.
VIP Access: Users with Binance VIP levels 7 to 9 can borrow assets 30 minutes before the trading begins.

Note that interest will apply to loans even prior to trading commencing, thus strict risk management is advised.

Futures Trading

The DUSDT Perpetual Contract will launch on January 9, 2025, at 10:00 (UTC) and will offer leverage of up to 75x. Here are the key specifications:

Tick Size: To be confirmed.
Capped Funding Rate: ±2.00%.
Funding Fee Settlement Frequency: Every four hours.
Multi-Assets Mode: Supported, allowing BTC to be used as margin when trading DUSDT Perpetual Contracts.
Trading Hours: 24/7.

Important Notes for Traders

Newly listed tokens such as D often experience heightened volatility. Therefore, it is paramount for traders to exercise thorough risk management while trading. Furthermore, the specifications for the DUSDT Perpetual Contract, including funding fees and leverage, can be adjusted based on prevailing market conditions.

To engage in trading, it is advisable to review the Binance Terms of Use and the Futures Service Agreement.

For further information on marginal assets, trading limits, and rates, please visit Binance’s Margin Data page.