Summary
- Binance said it will list perpetual futures products with crude oil and natural gas as the underlying assets.
- The CLUSDT, BZUSDT, and NATGASUSDT perpetual futures are settled in USDT and support up to 100x leverage.
- These perpetual futures can be traded 24 hours a day, and futures copy trading is also set to be supported within 24 hours of launch.
Forecast Trend Report by Period
Global digital asset (cryptocurrency) exchange Binance is listing perpetual futures products that use crude oil and natural gas as the underlying assets.
According to a Binance notice on the 30th, Binance Futures will sequentially list CLUSDT at 18:00, BZUSDT at 18:10, and NATGASUSDT perpetual futures at 18:20 on the 1st of next month (Korea time).
Each product uses West Texas Intermediate (WTI), Brent crude, and natural gas, respectively, as the underlying asset, and all are settled in USDT. Maximum leverage is supported up to 100x.
CLUSDT and BZUSDT are based on 1,000 barrels of crude oil, while NATGASUSDT is based on 10,000 MMBtu of natural gas. The funding fee settlement interval is four hours, and trading is available 24 hours a day.
The perpetual futures are also set to support futures copy trading within 24 hours of launch.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
