Dear Users,
Binance will list the KAS 1-50x USDT-margined perpetual contract on November 17, 2023, at 10:00 AM (UTC+8).
Key Details of KAS USDT Perpetual Contract
| Parameter | Details |
|---|---|
| Contract Type | KASUSDT |
| Listing Time | November 17, 2023, 10:00 AM (UTC+8) |
| Underlying Asset | KAS |
| Settlement Asset | USDT |
| Minimum Price Change | 0.00001 |
| Funding Rate Cap | +2.00% / -2.00% |
| Funding Fee Frequency | Every 4 hours |
| Maximum Leverage | 50x |
| Trading Hours | 24/7 |
| Multi-Asset Mode | Supported |
👉 Register on Binance now to start trading KAS perpetual contracts.
Important Notes
- The initial funding rate limits for KASUSDT will be +2.00% / -2.00%.
- Funding fees settle every four hours (see example schedule below):
| Time (UTC+8) | Max Funding Rate |
|----------------------|---------------------------|
| November 17, 12:00 | +2.00% / -2.00% |
| November 17, 16:00 | +2.00% / -2.00% |
| November 17, 20:00 | +2.00% / -2.00% |
| November 18, 00:00 | +2.00% / -2.00% |
- Binance may adjust contract parameters (e.g., funding rate, leverage, margin requirements) based on market conditions.
- Multi-Asset Mode allows using non-USDT assets (e.g., BTC) as margin for KASUSDT contracts.
- Trading adheres to Binance’s Terms of Use and Contract Service Agreement.
Additional Resources
- USDT-margined contract rules
- Leverage and margin explained
- How to switch contract pairs
- Binance fee structure
FAQs
Q: What’s the maximum leverage for KASUSDT?
A: Up to 50x.
Q: When do funding fees apply?
A: Every 4 hours, starting at 12:00 UTC+8.
Q: Can I use BTC as margin for KASUSDT?
A: Yes, via Multi-Asset Mode.
Disclaimer: This content is for informational purposes only and not investment advice. Trading involves risks.
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Last Updated: November 16, 2023