Home Crypto Exchanges Binance Revolutionizes Futures Trading with Multi-Assets Mode Rollout

Binance Revolutionizes Futures Trading with Multi-Assets Mode Rollout

In a bold move aimed at reshaping the futures trading landscape, Binance, the world’s leading cryptocurrency exchange, has rolled out a game-changing feature: the automatic Multi-Assets Mode for futures accounts.

Scheduled to go live on February 9, 2024, at 08:30 (UTC), this innovative feature promises to redefine trading flexibility and efficiency across margin assets, ushering in a new era of convenience and accessibility for Binance’s global user base.

Unveiling the Multi-Assets Mode: A Revolutionary Leap Forward

The introduction of the Multi-Assets Mode marks a significant milestone in Binance’s relentless pursuit of innovation and user empowerment. With this update, all new futures accounts and sub-accounts will be seamlessly equipped with the Multi-Assets Mode, streamlining the trading process and unlocking a myriad of possibilities for users.

This mode revolutionizes the trading experience by enabling seamless trading of USDⓈ-M futures contracts across multiple margin assets, subject to applicable haircuts. By supporting only the Cross Margin Mode and selected assets as margin, the Multi-Assets Mode ensures optimal risk management and enhanced trading efficiency for users of all levels.

Empowering Users with Cutting-Edge Trading Products and Services

Binance’s commitment to providing top-tier trading products and services is exemplified by the launch of the Multi-Assets Mode. This feature comes at a time when Binance is expanding its offerings to include access to over 250+ Futures & Options contracts, a wide array of trading tools, and margin modes, all complemented by 24/7 global expert customer support.

Furthermore, the recent introduction of USDC-margined Dogecoin (DOGE) futures underscores Binance’s dedication to expanding investment options and enhancing trading experiences on its platform. By enabling users to trade the token across various margin assets under the multi-assets mode, Binance solidifies its position as a trailblazer in the cryptocurrency exchange arena.

Competitive Fee Structure Tailored to Every Trader

Binance Futures offers a diverse range of trading products, including USDⓈ-M and COIN-M Futures, settled in stablecoins and cryptocurrencies, respectively. With a maker fee of 0.02% and a taker fee of 0.05% on USDⓈ-M Futures trades for regular users, Binance ensures competitive pricing and tight bid/ask spreads for traders of all levels.

Moreover, users trading less than $15 million in a 30-day period or owning less than 25 BNB can avail themselves of a 10% discount by using BNB to pay for trades. This fee structure is meticulously crafted to cater to the diverse needs of traders, offering a blend of affordability and efficiency to suit every trading style.

Driving Innovation and Accessibility in Trading

Aligned with its strategic vision, Binance’s introduction of the Multi-Assets Mode underscores its unwavering commitment to continuous innovation and improvement in the trading environment. By enabling the Multi-Assets Mode by default for new futures accounts, Binance simplifies the trading process, offers unparalleled flexibility, and enhances the overall user experience on its platform.

As Binance continues to evolve and adapt to the dynamic needs of its global user base, the Multi-Assets Mode stands as a testament to the exchange’s relentless pursuit of excellence in the cryptocurrency industry. With this innovative addition, Binance reaffirms its position as a pioneering force driving innovation and accessibility in the world of futures trading.

 

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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