Binance Introduces Automatic Multi-Assets Mode for New Futures Accounts
Starting from February 9, 2024, Binance is introducing an automatic Multi-Assets Mode for new futures accounts. This update aims to enhance trading flexibility and efficiency across margin assets.
Enhancing the Trading Experience
Binance, the world’s leading cryptocurrency exchange, has announced an update to its Futures Multi-Assets Mode. This update will significantly enhance the trading experience for users. From February 9, 2024, all new futures accounts and sub-accounts will automatically have the Multi-Assets Mode enabled. With this mode, users can seamlessly trade USDⓈ-M futures contracts across multiple margin assets, expanding their trading capabilities and flexibility on the platform.
Supporting Cross Margin Mode and Selected Assets
The Multi-Assets Mode supports only the Cross Margin Mode and selected assets as margin. Binance is continuously working to provide unparalleled trading products and services to its users. This update aligns with their commitment to expanding investment options and enhancing trading experiences on the platform. Recently, Binance launched USDC-margined Dogecoin (DOGE) futures under the multi-assets mode, allowing users to trade the token across various margin assets.
Diverse Range of Trading Products
Binance Futures offers a diverse range of trading products, including USDⓈ-M and COIN-M Futures settled in stablecoins and cryptocurrencies, respectively. The fee structure caters to both beginner and advanced traders, with competitive pricing and tight bid/ask spreads. Regular users are subject to a maker fee of 0.02% and a taker fee of 0.05% on USDⓈ-M Futures trades.
Continuously Innovating and Improving
This update is part of Binance’s strategy to continuously innovate and improve its trading environment. By enabling the Multi-Assets Mode by default for new futures accounts, Binance simplifies the trading process, offers more flexibility, and enhances the overall user experience on the platform.
Hot Take: Binance Introduces Automatic Multi-Assets Mode for Enhanced Trading Flexibility
Binance, the world’s leading cryptocurrency exchange, is introducing an automatic Multi-Assets Mode for new futures accounts. With this update, users can seamlessly trade USDⓈ-M futures contracts across multiple margin assets, enhancing their trading flexibility and efficiency. This aligns with Binance’s commitment to expanding investment options and improving the overall user experience on its platform.
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