Binance is set to enhance user trading experiences by introducing USDC-margined Perpetual Contracts for BTC, ETH, BNB, SOL, and XRP, effective from 3 January 2024, 15:30 Turkey Time (UTC). These contracts will offer leverage of up to 125x, diversifying the trading options on Binance Futures in a strategic move to elevate the platform’s offerings.
The fee structure for USDT-margined futures contracts will be seamlessly applied to all USDC-margined futures contracts, as announced by Binance. This integration aims to provide a consistent and straightforward fee system for traders engaging with the new contracts.
To celebrate the launch, Binance Futures is offering a promotional 10% discount on trading fees for all transactions involving USDC-margined futures contracts. This promotional period will commence at the same time as the contracts go live and will last until 3 April 2024, 15:30 Turkey Time.
During the promotional period, all users will have the opportunity to benefit from a 10% promotional discount on transaction fees for all USDC-margined futures contracts. This incentive is designed to encourage traders to explore and utilize the new contracts on the platform.
For users who prefer to pay their trading fees on the Binance Futures platform using BNB, an additional benefit awaits. The 10% promotional trading fee discount for USDC-margined futures contracts will be added on top of the existing 10% BNB fee discount, providing an extra advantage for these traders.
It’s important to note that Binance reserves the right to adjust the features of these futures contracts depending on market risk conditions. Potential adjustments could affect various aspects, such as funding fees, tick size, maximum leverage, initial margin, and maintenance margin requirements. As traders embark on this new era of trading with USDC-margined futures contracts, Binance has also clarified that standard trading fees will resume after the end of the promotional period.