Deniz 
Binance Futures has announced the launch of a new BSWUSDT Perpetual Contract, set to go live on September 5, 2024, at 06:00 (UTC). This move is part of Binance’s continuous efforts to expand trading options and enhance user experience.
Key Features of the Perpetual Contract
With a range of sophisticated tools, including up to 75x leverage, the BSWUSDT Perpetual Contract gives traders the means to maximize their positions. Biswap (BSW) forms the contract; USDT is the settlement asset. Although the financing fee payment happens every four hours, the tick size of 0.00001 guarantees trading precision.
Funding Rates and Leverage
With a restricted funding rate of +2.00% / -2.00%, the contract will guarantee that traders may properly control their holdings without too many funding swings. Although Binance recommends consumers approach this with caution due to the related dangers, the maximum leverage of 75x allows experienced traders the chance to increase their possible returns.
Multi-Assets Mode Support
This contract stands out in particular for supporting Binance’s Multi-Assets Mode. This feature lets traders use several margin assets, including Bitcoin (BTC), as BSWUSDT collateral. This adaptability sharpens trading plans and raises capital efficiency.
For further details, please refer to Binance’s official announcement page.
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