INIT Now Available Across Multiple Binance Services Starting April 24
Binance announced the full integration of Initia (INIT) across its ecosystem, including Simple Earn, Buy Crypto, Convert, Margin Trading, and USDⓈ-M Futures. These services will go live starting April 24, 2025, at the respective times listed below.
INIT Integration Timeline
Binance Simple Earn
INIT Flexible Products will be available on April 24 at 11:00 UTC
Users can subscribe to INIT to earn passive income on idle assets
Buy Crypto
INIT will be purchasable via VISA, MasterCard, Apple Pay, Google Pay, and Revolut
Also available through account balances within one hour after INIT Spot listing
Binance Convert
INIT will be available for zero-fee conversions against BTC, USDT, and other supported assets
Live within one hour of Spot listing
Binance Margin
INIT will be added as a borrowable asset on both Cross and Isolated Margin
INIT/USDT and INIT/USDC pairs go live at 11:20 UTC on April 24
Binance Futures
INITUSDT Perpetual Contract launches at 11:00 UTC
Key Specs:
Leverage: Up to 5x
Funding Rate: ±2.00%, settled every 4 hours
Trading Mode: Multi-Assets Mode supported
Mark Price Formula: Median (Price1, Price2, Contract Price)
The contract will transition from pre-market to standard perpetual within an hour, with no disruption to trading.
Available for Futures Copy Trading within 24 hours post-launch.