Binance, the multinational cryptocurrency exchange, has expanded its offerings by introducing additional loanable assets and margin pairs to its portfolio. Simultaneously, its crypto derivatives exchange, Binance Futures, has unveiled the latest USDⓈ-M BADGER Perpetual Contract.
The new loanable and borrowable assets on Binance include GNO, AST, and ORDI, available in both Cross Margin and Isolated Margin modes. The pairs for the former trading feature GNO/USDT, AST/USDT, RAY/USDT, and SCRT/USDT. Meanwhile, the latter pairs encompass BADGER/USDT, MOVR/USDT, RAY/USDT, ORDI/USDT, and SCRT/USDT.
Isolated Margin allows users to allocate a portion of their funds to a single position to manage risks effectively, while Cross Margin uses all funds in a margin account as collateral. The choice between the two depends on a trader’s risk tolerance and leverage strategies, as outlined on the Binance support page.
Binance Futures has introduced the BADGERUSDT project, offering a maximum leverage potential of 50x. With BADGER as the underlying asset and USDT as the settlement asset, the perpetual futures maintain a capped funding rate of +2.00% / -2.00%, with funding rate intervals every four hours.
Highlighting the use of Multi-Assets Mode, Binance enables users to trade the BADGERUSDT Perpetual Contract across multiple margin assets. However, the approach to BADGERUSDT is dynamic, subject to specific applicable haircuts or contract specifications that may change based on market risk conditions.
Binance’s futures product empowers traders to buy and sell quarterly and perpetual futures contracts, providing a versatile platform for trading strategies.
As Binance continues to innovate and expand its product offerings, the latest additions aim to enhance the trading experience for users, offering a broader range of assets and trading options. Traders will closely watch the dynamics of the newly launched USDⓈ-M BADGER Perpetual Contract and explore the possibilities presented by the expanded loanable assets on the Binance platform.