Key Points
- Binance Futures will launch VOXELUSDT Perpetual Contract with up to 50x leverage at 10:30 (UTC).
- The BRETTUSDT Perpetual Contract will launch at 10:35 (UTC) also with up to 50x leverage.
In official announcements, Binance revealed new Perpetual Contracts launches for today.
To expand the list of trading choices offered on Binance Futures, while enhancing users’ trading experience, the exchange will launch the following Perpetual Contracts:
- VOXELUSDT Perpetual Contract will launch at 10:30 (UTC) with up to 50x leverage.
- BRETTUSDT Perpetual Contract will launch at 10:35 (UTC) with up to 50x leverage.
VOXELUSDT and BRETTUSDT Details
For VOXELUSDT Perpetual Contract, the underlying asset is Voxies (VOXEL) and the settlement asset is USDT.
For BRETTUSDT Perpetual Contract, the underlying asset is Brett (BRETT) and the settlement asset is USDT.
Other important details for both Perpetual Contracts:
- Tick size: 0.001
- Capped funding rate: +2%/-2%
- Funding fee settlement frequency: every four hours
- Maximum leverage: 50x
- Trading hours: 24/7
- Multi-Assets mode: supported
Additional Information
Based on market risk conditions, Binance may adjust the specification of the Futures contracts mentioned above from time to time. These include the following details:
- Funding fee
- Tick size
- Maximum leverage
- Initial margin
- Maintenance margin requirements
Multi-asset mode allows users to trade the Perpetual Contracts across multiple margin assets. When the Multi-Asset Mode is activated, users can use BTC as margin when trading the Perpetual Contracts mentioned above.
The Perpetual Contracts are subject to the Binance Terms of Use and the Binance Futures Service Agreement.
About Voxies (VOXEL)
Voxie Tactics is a free-to-play 3D turn-based tactical RPG game designed in a retro style. Voxies in-game mechanics are the main driving force behind the demand for VOXEL tokens.
Voxies (VOXEL) is the native utility currency of Voxie Tactics which allows players to purchase weapons, armor, and other in-game items.
About Brett (BRETT)
Brett is a meme coin launched on Base, the Ethereum-based layer 2 blockchain for Coinbase. BRETT is described by the project team as Pepe’s best friend on Base Chain.
