Binance Futures to launch USD1-settled BTC perpetual with 100x leverage on May 18

Binance Futures will list the USDⓈ-M BTCUSD1 perpetual contract on May 18 at 09:00 UTC, giving traders a BTC perp settled in USD1 with up to 100x leverage. The contract has a 0.0001 BTC minimum trade size, 50 USD1 minimum notional, eight-hour funding, and a capped funding rate of +/-0.375%. Binance says Multi-Assets Mode is supported, but the announcement was updated to exclude BTCUSD1 from Futures Copy Trading.

TLDR by @Benthic

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