Binance has announced the inclusion of Sleepless AI (AI) in Binance Margin and Binance Futures, effective from 12:30 (UTC) on January 8, 2024.
Binance Margin Details:
On Binance Margin, AI will be added as a new borrowable asset for Cross and Isolated Margin. Additionally, the AI/USDT trading pair will also be added to Cross and Isolated Margin. This development is crucial for traders looking for leveraging opportunities using AI. Users are encouraged to refer to the Binance Margin Data for a complete list of marginable assets and further details on precise limits, collateral ratios, and rates.
Binance Futures Details:
On Binance Futures, the AI Perpetual Contract (AIUSDT), with maximum leverage of up to 50x, will be launched. Some of the key specifications for this new contract include:
1. Underlying Asset: Sleepless AI (AI)
2. Settlement Asset: USDT
3. Tick Size: 0.00001
4. Maximum Funding Rate: +2.00% / -2.00%
5. Funding Fee Settlement Frequency: Every four hours
6. Maximum Leverage: 50x
7. Trading Hours: 24/7
8. Multi-Assets Mode: Supported
