Binance Futures has announced the launch of LA/USDT’s new USD-Margined Perpetual Contract, scheduled to be released at 12:00 UTC on June 5, 2025. The move is part of Binance’s efforts to diversify trading options and enhance the user experience on futures platforms.
Binance futures to commence a permanent LA/USDT contract with up to 50x leverage on June 5th
Basic details of the LA/USDT Permanent Contract
Startup time: June 5, 2025, 12:00
Leverage: Up to 50x
Collateral type: USDⓢ-Margined (settled at USDT)
Funding Rate Cap: Initially ±2.00%
Funding Interval: Every 4 Hours
The agreement can also be used to trade futures copies within 24 hours of launch, allowing users to follow and copy the trading strategies of top traders. For more information, see Binance’s Futures Copy Trading FAQ.
Binance users can use multi-asset mode to trade permanent contracts for LA/USDT using other assets such as BTC as collateral.
Binance noted that contract functions may be adjusted based on market risk terms. These adjustments may include changes to take advantage of the restrictions, financing fees, collateral requirements, and confirmation sizes.
LA Tokens are already listed on the Binance Alpha Marketplace, and this new derivative product is intended to enhance token market participation and liquidity.
The agreement is subject to Binance’s Terms of Use and the Binance Futures Services Agreement.
This latest addition reflects the continued expansion of the Binance futures derivatives ecosystem, providing users with more strategic tools to manage market risk and leverage crypto market volatility.
*This is not investment advice.
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