Binance Futures to Resume Trading on USDT-Margined MINA Perpetual Contract

Announcements | 2023-02-07

Fellow Binancians,

Binance Futures will resume trading on the USDT-Margined MINA Perpetual Contract at 2023-02-07 11:00 (UTC).

USDⓈ-M Perpetual Contracts	MINAUSDT
Trading Resumption Time	2023-02-07 11:00 (UTC)
Underlying Asset	MINA
Settlement Asset	USDT
Tick Size	0.0001
Capped Funding Rate	Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio)
Max Leverage	20x
Trading Hours	24/7
Multi-Asset Mode	Supported

Please note:

The old MINAUSDT Perpetual Contract, which underwent an automatic settlement at 2023-02-06 03:30 (UTC), will be renamed as “MINAUSDTSETTLED” in users’ trading history.
Based on market risk conditions, Binance may adjust the specifications of the contracts from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
Multi-Asset Mode allows users to trade the MINAUSDT Perpetual Contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Asset Mode is activated, users can use BUSD as margin when trading the MINAUSDT Perpetual Contract.
MINAUSDT Perpetual Contract is subject to the terms of the Binance Terms of Use and the Binance Futures Service Agreement.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

For more information:

Thanks for your support!

Binance Team

2023-02-07

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

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