Summary
- Binance said it will newly list BIRB/USDT and GWEI/USDT perpetual futures contracts and offer up to 50x leverage.
- It said the perpetual futures products will be settled in USDT and support 24-hour trading and Multi-Assets Mode.
- It said the products’ funding fees are structured to be settled every four hours.
Binance Futures will list new perpetual futures products with Moonbirds and an Ethereum gas infrastructure project as underlying assets.
Binance said via its official channels on the 29th (local time) that it will launch BIRB/USDT and GWEI/USDT perpetual futures contracts. Trading for BIRB/USDT perpetual futures will begin at 5:15 a.m. (UTC) on the 29th, while GWEI/USDT perpetual futures will be available from 5:30 a.m. (UTC). Both products offer up to 50x leverage.
BIRB is the native token expanding the Moonbirds NFT ecosystem and aims to build a tokenized economy based on the NFT brand. GWEI is an infrastructure project focused on reducing transaction delays on the Ethereum network and reshaping blockspace allocation and pricing structures.
The perpetual futures will be settled in USDT and support 24-hour trading and Multi-Assets Mode. Funding fees are settled every four hours.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
