Binance Will Add Across Protocol (ACX) and Orca (ORCA) on Earn, Buy Crypto, Convert, Margin & Futures
This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to announce that Across Protocol (ACX) and Orca (ORCA) will be added to Binance Simple Earn, "Buy Crypto", Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures at the respective dates and timings listed below.
Earn
Across Protocol (ACX) and Orca (ORCA) will be listed on Binance Simple Earn Flexible Products at 2024-12-06 13:00 (UTC) and will be available for subscription.
From 2024-12-09 10:00 (UTC), users may purchase ACX and ORCA using any of the payment options supported on Binance Auto-Invest.
Buy & Sell Crypto
Users can buy ACX and ORCA with VISA, MasterCard, Google Pay, Apple Pay, or buy and sell ACX and ORCA with their wallet balances on the “Buy Crypto” page, available within one hour of ACX and ORCA being listed on Binance Spot.
Convert
Users will be able to start trading ACX and ORCA against BTC, USDT, and any other tokens on Binance Convert at zero fees within one hour of ACX and ORCA being listed on Binance Spot.
Margin
Binance Margin will add ACX and ORCA as new borrowable assets on Cross and Isolated Margin, as well as the ACX/USDT and ORCA/USDT pairs on Cross and Isolated Margin at 2024-12-06 15:00 (UTC).
Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits, collateral ratio and rates.
Futures
Binance Futures will launch the USDⓈ-M ACX Perpetual Contract and USDⓈ-M ORCA Perpetual Contract at 2024-12-06 15:00 (UTC), with up to 75x leverage.
More details on the USDⓈ-M ACX and ORCA Perpetual Contracts can be found in the table below:
USDⓈ-M Perpetual Contract
ACXUSDT
ORCAUSDT
Launch Time
2024-12-06 15:00 (UTC)
2024-12-06 15:00 (UTC)
Underlying Asset
Across Protocol (ACX)
Orca (ORCA)
Settlement Asset
USDT
USDT
Tick Size
0.0001
0.001
Capped Funding Rate
+2.00% / -2.00%
+2.00% / -2.00%
Funding Fee Settlement Frequency
Every Four Hours
Every Four Hours
Maximum Leverage
75x
75x
Trading Hours
24/7
24/7
Multi-Assets Mode
Supported
Supported
Please Note:
The maximum funding rate of the ACXUSDT and ORCAUSDT Perpetual Contracts at the time of launch is +2.00% / -2.00%.
The funding fee settlement frequency is every four hours.
Time
Max Funding Rate
2024-12-06 16:00 (UTC)
+2.00% / -2.00%
2024-12-06 20:00 (UTC)
+2.00% / -2.00%
2024-12-07 00:00 (UTC)
+2.00% / -2.00%
2024-12-07 00:00 (UTC)
+2.00% / -2.00%
…
…
Based on market risk conditions, Binance may adjust the specifications of the ACXUSDT and ORCAUSDT Perpetual Contracts from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
Multi-Assets Mode allows users to trade the ACXUSDT and ORCAUSDT Perpetual Contracts across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the ACXUSDT and ORCAUSDT Perpetual Contracts.
The ACXUSDT and ORCAUSDT Perpetual Contracts are subject to the Binance Terms of Use and the Binance Futures Service Agreement.
Guides & Related Materials:
How to Buy Crypto with Credit/Debit Card
How to Use Binance Convert
How to Use Short on Margin Trading
How to Use Long on Margin Trading
Trading Rules of USDⓈ-M Futures Contracts
Leverage and Margin of USDⓈ-M Futures Contracts
Binance Futures Fee Structure
What Is Auto-Invest and How to Use It
Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
$ORCA #BURNGMT #2024withBinance #BTCBreaking100KAgain? #BinanceListsACXandORCA #ETHCrosses4K $ACX
