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Binance Launches Full Support for Initia (INIT) Across Its Ecosystem Starting April 24
Binance has announced the comprehensive integration of Initia (INIT) into its platform, making it available across a wide range of services including Simple Earn, Buy Crypto, Convert, Margin Trading, and USDⓈ-M Futures. These offerings will roll out starting April 24, 2025, according to the schedule below.
INIT Integration Schedule:
Binance Simple Earn
Launch: April 24 at 11:00 UTC
INIT will be available as a Flexible Product, allowing users to earn passive income on idle INIT holdings.
Buy Crypto
INIT can be purchased using VISA, MasterCard, Apple Pay, Google Pay, and Revolut, as well as through existing account balances.
Available within one hour after INIT is listed on Spot.
Binance Convert
Users can convert INIT with zero fees against BTC, USDT, and other supported assets.
Goes live within one hour post Spot listing.
Binance Margin
INIT will be added as a borrowable asset on both Cross and Isolated Margin.
Trading pairs: INIT/USDT and INIT/USDC
Launch Time: April 24 at 11:20 UTC
Binance Futures
INITUSDT Perpetual Contract launches on April 24 at 11:00 UTC
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 shift from pre-market to standard perpetual trading within the hour—no disruptions expected.
Available for Futures Copy Trading within 24 hours of launch.
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