Binance Will Add Initia (INIT) 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 Initia (INIT) will be added to Binance Simple Earn, "Buy Crypto", Binance Convert, Binance Margin, and Binance Futures at the respective dates and timings listed below.
Earn
INIT Flexible Products will be listed on Binance Simple Earn at 2025-04-24 11:00 (UTC) and will be available for subscription.
Buy & Sell Crypto
Users can buy INIT with VISA, MasterCard, Google Pay, Apple Pay, Revolut or buy and sell INIT with their account balances on the “Buy Crypto” page, available within one hour of INIT being listed on Binance Spot.
Convert
Users will be able to start trading INIT against BTC, USDT, and any other tokens on Binance Convert at zero fees within one hour of INIT being listed on Binance Spot.
Margin
Binance Margin will add INIT as a new borrowable asset on Cross and Isolated Margin, as well as the INIT/USDT and INIT/USDC pairs on Cross and Isolated Margin at 2025-04-24 11:20 (UTC).
Notes:
Please note that newly listed tokens tend to be volatile; users are encouraged to adopt stringent risk management strategies when trading such tokens.
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 convert the USDⓈ-M INIT Perpetual Contract pre-market trading to standard USDⓈ-M INIT Perpetual Contract at 2025-04-24 11:00 (UTC). The transition period may take up to 1 hour. INITUSDT perpetual trading and existing positions will not be affected during the transition period.
More details on the USDⓈ-M INIT Perpetual Contract can be found in the table below:
USDⓈ-M Perpetual Contract
INITUSDT
Launch Time
2025-04-24 11:00 (UTC)
Underlying Asset
Initia (INIT)
Settlement Asset
USDT
Tick Size
0.0001
Capped Funding Rate
+2.00% / -2.00%
Funding Fee Settlement Frequency
Every Four Hours
Maximum Leverage
5x
Trading Hours
24/7
Multi-Assets Mode
Supported
Please Note:
Pre-market Standard Perpetual Transition Period: Pre-market perpetual futures contracts will be converted to standard perpetual futures contracts when a stable index price can be derived from the spot market (as determined by Binance). The mark price will gradually converge from pre-market trading Mark Price to the standard Mark Price during the transition period, calculation as below:
Mark Price = Median (Price 1, Price 2, Contract Price)
Trading function is not affected during the transition period. Open orders and positions will not be cancelled.
Mark Price After the Pre-Market Trading Ends: When a pre-market perpetual futures contract ends, the Mark Price will be calculated using the following formula:
Mark Price = Median (Price 1, Price 2, Contract Price)
The maximum funding rate of the INITUSDT Perpetual Contract at the time of launch is +2.00% / -2.00%.
The funding fee settlement frequency is every four hours.
Time
Max Funding Rate
2025-04-24 12:00 (UTC)
+2.00% / -2.00%
2025-04-24 16:00 (UTC)
+2.00% / -2.00%
2025-04-24 20:00 (UTC)
+2.00% / -2.00%
2025-04-25 00:00 (UTC)
+2.00% / -2.00%
…
…
The aforementioned perpetual contract will be made available for Futures Copy Trading within 24 hours of launch. For more information on available Futures Copy Trading contracts, please refer to this FAQ.
Based on market risk conditions, Binance may adjust the specifications of the INITUSDT Perpetual Contract 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 INITUSDT Perpetual Contract 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 INITUSDT Perpetual Contract.
The INITUSDT Perpetual Contract is 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
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
2025-04-24#BTCvsMarkets