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Binance Futures announced that it will launch the USDⓈ-M MAVIA Perpetual Contract in leverage trades today at 10:00 UTC.
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According to the Binance Futures announcement, Heroes of Mavia’s (MAVIA) perpetual trade will be supported up to 50x leverage. That is, users will be able to open positions in their assets up to 50x.
In addition, Binance has set the maximum funding rate in USDⓈ-M MAVIA perpetual trading at +%2.00 / -%2.00.
The frequency of payout in the funding fee has also been determined to be every 4 hours.
Important Additional Information
Qualified users will benefit from a %0.005 maker fee discount for MAVIA/USDT transactions over a 2-week period.
In addition, Binance has the right to change some features such as fees, maximum leverage ratio, and initial margin. With the Multi
Assets Mode (Multiple Asset Mode), users can make MAVIA/USDT transactions among multiple margin assets.