Yahya 
In a bid to give its users access to even more tokens for trading, Binance Futures will be listing the AERGUSDT Perpetual Contract on September 10, 2024, at 12:15 pm UTC. The deal will make it possible for traders to engage in margin trading where they will be allowed to use up to 75 times the actual amount of AERGO against USDT.
Key Specifications
The new USDⓈ-M Perpetual Contract is meant with certain criteria to improve the trading environment. The tick size is 0.0001, which lets exact price increases during transactions possible. Furthermore, the funding rate is limited to +2.00%/-2.00% and funding fee settlements happen every four hours, therefore guaranteeing consistent rate changes depending on the state of the market.
Accessible for 24/7 trading, the contract will also be able to be traded utilizing the Multi-Assets Mode, therefore providing more adaptability. Users of this mode may trade the AERGUSDT perpetual contract across many margin assets and even utilize BTC as collateral.
Funding Rates and Risk Adjustments
The financing rates vary depending on the state of the market according to Binance’s market risk management practices. The financing rate at launch will go from +2.00% to -2.00%. The exchange will keep an eye on the contract and tweak its terms—funding costs, tick sizes, margin requirements—as necessary.
This new product seeks to provide Binance Futures traders more variety in their trading decisions, therefore supporting the platform’s goal to improve user experience by means of different perpetual contract listings.
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