Binance is proud to announce the launch of the ETHBTC Linear Perpetual Contract, a BTC-margined trading instrument that allows users to gain exposure to ETH with up to 75x leverage. The contract is currently planned for launch on 2023-04-26 12:00 (UTC). The ETHBTC Linear Perpetual Contract is highly customizable and comes with a range of features, such as tick size, capped funding rate, and multi-assets mode.

The ETHBTC Linear Perpetual Contract enables users to gain exposure to ETH without actually owning it by taking both long and short positions with up to 75x leverage. The contract's settlement asset is BTC, allowing BTC-margined traders to take advantage of volatility in ETH prices. The tick size is 0.00001 and theContract has a capped funding rate. Additionally, the Multi-Assets Mode feature allows users to trade with multiple margin assets, such as USDT.

The same fee structure for USDT-Margined Contracts applies to the ETHBTC Linear Perpetual Contract, and all trades are counted towards the calculation of traders’ VIP Level. This, combined with its relatively low maintenance requirements, enables traders to better monitor their trades and manage their trading capital more effectively.

Additionally, Binance reserves the right to adjust the specifications of the ETHBTC Linear Perpetual Contract, such as the tick size, maximum leverage, initial margin, and/or maintenance margin requirements, based on market risk. It is important for users to periodically check the parameters of their trading contracts as these may vary from time to time.

When trading the ETHBTC Linear Perpetual Contract, traders should be aware of the risks associated with leveraged trading and trading futures. Leveraged trading can amplify gains as well as losses, so care should be taken when using high leverage. Additionally, due to its relatively high volatility, the ETHBTC Linear Perpetual Contract is subject to market risk, which could result in unexpected losses. As with any investment, it is important to thoroughly research and understand all the potential risks before trading.

Binance is committed to providing a safe and secure trading environment and will continue to update users with news and announcements on the launch of the ETHBTC Linear Perpetual Contract. For more information, please refer to the Binance Terms of Use, Binance Futures Service Agreement and Binance’s official social media channels.



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