Binance has announced the listing of ACE offering in its Futures. This new perpetual contract will provide users with the flexibility to trade with up to 50x leverage, providing enhanced opportunities for strategic and leveraged trading.
The ACEUSDT Perpetual Contract will have a maximum funding rate of +2.00% / -2.00% at launch. To ensure transparent and frequent settlements, the funding fee will be paid every four hours, offering a dynamic trading environment for users.
Binance offers special benefits to qualified USDⓢ margin futures liquidity providers.
For the first 14 to 15 days post-launch, eligible providers will be able to enjoy a 0.005% maker fee discount on transactions they execute on the ACEUSDT Perpetual Contract.
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It is important to note that Binance reserves the right to adjust the specifications of the ACEUSDT Perpetual Contract as necessary in response to market risk conditions.
Possible adjustments may include items such as funding fee, tick size, maximum leverage, initial margin or maintenance margin requirements.
The introduction of Multi-Entity Mode adds an additional layer of flexibility for users.
This feature allows traders to participate in ACEUSDT Perpetual Contract transactions using a variety of collateral assets, subject to applicable margin deductions.
For example, when Multi-Asset Mode is enabled, participants can use BTC as collateral when trading ACEUSDT Perpetual Contract.
