Binance Futures will launch the USDⓈ-M MOVR pair with up to 50x leverage on December 26, 2023, at 15:30 (Turkey time). It is important to consider the following information regarding this significant announcement:
- The maximum funding rate for the MOVRUSDT Perpetual Contract at launch is set at +%2.00 / -%2.00.
- Funding fees will be paid every four hours.
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Qualified USDⓈ margin futures liquidity providers can benefit from a 0.005% maker fee discount on trades in the MOVRUSDT
Perpetual Contract for approximately 14 to 15 days. Please refer to the relevant announcement for more information.
Binance reserves the right to adjust the funding fee, confirmation size, maximum leverage, initial margin, and/or maintenance margin requirements for the MOVRUSDT Perpetual Contract over time, depending on market risk conditions.
The Cross Collateral feature enables users to trade the MOVRUSDT Perpetual Contract across multiple margin assets, subject to current discounts. For example, when the Cross Collateral feature is enabled, users can use BTC as margin while trading the MOVRUSDT Perpetual Contract.
The MOVRUSDT Perpetual Contract is subject to Binance Terms of Use and Binance Futures Service Agreement.
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