Binance Launches New DIA/USDT Futures Contract

Binance has announced the launch of its new DIA/USDT perpetual futures contract, set to expand trading opportunities for its users. This initiative, initiated by the Binance Futures division, introduces the possibility of leveraging trades up to 75 times, allowing traders to maximize their investment potential.

Starting today at 15:30 Turkish Time, users can trade the DIA/USDT perpetual contract using Tether (USDT) as margin. Unlike traditional futures contracts, this perpetual model enables traders to keep their positions open indefinitely. This offers a unique advantage by increasing flexibility in trading strategies.

The contract features a funding rate that fluctuates between +2% and -2%, with fees recalculated every four hours. Binance also retains the right to modify contract parameters based on market risks to ensure a safer trading environment.

Additionally, the new contract incorporates Binances Multi-Asset Mode, enabling traders to use various assets as collateral. For example, Bitcoin can serve as collateral when trading the DIA/USDT futures, although a deduction will apply to the collateral used.

• The DIA/USDT contract offers up to 75x leverage.
• Funding rates may vary within a +/- 2% range.
• Multi-Asset Mode allows flexible margin usage.

This strategic introduction comes at a time when the DIA coin has experienced a significant price increase, rising over 15% to exceed the $0.80 mark. Traders are encouraged to approach high-leverage trading with caution, given the inherent risks involved.