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Binance to List Four USDT Perpetual Futures Tracking US Stocks, Including SHAZ and SOFI

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Minseung Kang

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Photo: Shutterstock
Photo: Shutterstock

Binance will list four USDT-margined perpetual futures contracts tied to US stocks.

The crypto exchange said in a notice on July 21 that it will launch SHAZUSDT at 6 p.m. Korea Standard Time, followed by SOFIUSDT at 6:05 p.m., PANWUSDT at 6:10 p.m. and PENGUSDT at 6:15 p.m.

The TradFi perpetual futures track the share prices of SharonAI Holdings, SoFi Technologies, Palo Alto Networks and Penguin Solutions. All four contracts will be settled in Tether's USDT.

The minimum tick size is 0.01. The minimum order size for each of SHAZ, SOFI, PANW and PENG is 0.01. The minimum trade amount is 5 USDT.

#Derivatives
Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

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