🚀 Level up your trading with the new INITUSDT perpetual contract on Binance Futures – starting April 16! 🚀

🚀 Exciting Update for Binance Traders! 🚀

We’re thrilled to announce that Binance Futures is launching the USDⓈ-Margined INITUSDT Perpetual Contract, and pre-market trading begins on April 16, 2025, at 06:30 UTC!

📊 What You Need to Know:

Leverage: Up to 5x

Underlying Asset: INIT (Initia)

Settlement Asset: USDT

Funding Fee: Every 4 hours

Trading Hours: 24/7

Tick Size: 0.0001

🔧 Why INITUSDT? Initia is built on a strong foundation of infrastructure decisions, including data availability, interoperability, and oracles, setting the stage for innovative blockchain solutions.

💡 Pre-market Trading Explained:

During the pre-market phase, the Mark Price will be calculated using the last 10 seconds of trades. Once the pre-market ends, it will smoothly transition into a standard perpetual contract, ensuring a seamless experience.

⚡ Leverage & Margin Tiers:

Maximize your positions with the ability to use leverage and take advantage of Multi-Assets Mode for even more flexibility!

A Few Things to Keep in Mind:

The pre-market will convert to standard futures once the token is listed on spot.

Funding rates may change based on market conditions, so stay alert.

🔗 Get ready to level up your trading with the INITUSDT perpetual contract on Binance Futures!

Dive in today and take your crypto journey further with Binance Futures!

📝 More Info: Binance Futures - Trading Rules

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