This is a general announcement, and the products and services mentioned here may not be applicable in your region.
Dear Users:
In order to provide more trading options on Binance Contracts and enhance user trading experience, the Binance Contract Platform will launch perpetual contracts at the following times, with a maximum leverage of up to 25 times:
March 17, 2025, 21:30 (UTC+8): BMTUSDT Perpetual Contract
March 17, 2025, 21:45 (UTC+8): MUBARAKUSDT Perpetual Contract
*Please note that Bubblemaps (LINK) and Mubarak (LINK) have been listed on the Binance Alpha market.
More information about BMTUSDT and MUBARAKUSDT perpetual contracts is shown in the table below:
Please Note:
The above perpetual contracts will open for copy trading within 24 hours after going live. For more information on contract copy trading, please refer to this FAQ;
When BMTUSDT and MUBARAKUSDT perpetual contracts go live, their funding rate limits are +2.00% / -2.00%;
Funding fees are settled every four hours;
Based on market risk conditions, Binance may adjust the above contract parameters, including adjusting funding rates, minimum price fluctuations, maximum leverage, initial margin, maintenance margin, and other important parameters;
Multi-asset mode supports the above perpetual contracts. Multi-asset mode allows assets other than USDT to be used as margin for BMTUSDT and MUBARAKUSDT perpetual contracts (including valuation discounts). For example: Users can use BTC as margin to trade BMTUSDT and MUBARAKUSDT perpetual contracts;
The above perpetual contracts are subject to Binance's Terms of Use and Contract Service Agreement;
There is no correlation between contract and spot listings. The contracts launched on Binance do not guarantee that they will be listed on Binance Spot;
The English original announcement may differ from the translated version. In case of any discrepancies, refer to the English original for the most updated or accurate information.
Note:
USDT-Margined Contract Trading Rules
Leverage and Margin for USDT-Margined Contracts
How to Switch Contract Trading Pairs
Binance Contract Platform Trading Fee Rate Table
Mark Price and Index Price
Funding Rate History
Multi-Asset Mode
Thank you for your support of Binance!
Binance Team
March 17, 2025
Note:
This announcement was updated on March 18, 2025, clarifying that Mubarak is a meme coin launched on the Four.Meme platform.
This announcement was updated on March 17, 2025, specifying that BMTUSDT and MUBARAKUSDT will open for contract copy trading within 24 hours after going live.
