Binance Futures, a leading cryptocurrency derivatives trading platform, will list ZETA.
The new trading tool, which provides users with an enhanced trading experience and up to 50x leverage, is planned to be released on February 2, 2024 at 11:30.
Key features of the USDⓈ-M ZETA Perpetual Contract include:
The USDⓈ-M ZETA Perpetual Contract offers users up to 50x leverage.
The maximum funding rate at launch is +2.00% / -2.00%.
Funding fee payments occur every four hours.
Qualifying USDⓈ margin futures liquidity providers are eligible for a 0.005% maker fee discount for trades on the ZETAUSDT Perpetual Contract for approximately 14 to 15 days. Additional details can be found in the official announcement.
Binance reserves the right to adjust contract specifications including funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements based on market risk conditions.
Users have the flexibility to trade with the ZETAUSDT Perpetual Contract across multiple collateral assets in Multi-Asset Mode.
This feature allows BTC to be used as collateral, for example, when trading with the ZETAUSDT Perpetual Contract, subject to applicable collateral deductions.
*This is not investment advice.