🚀 Binance Futures transforms the trading of AZTECUSDT from a pre-contract to a standard perpetual contract!
Binance has announced an important step for its users: starting from February 12, the trading of AZTECUSDT will be converted from a pre-contract to a standard perpetual contract with USDⓈ margin.
⏰ Timing: The process will begin at 07:00 UTC and may last up to three hours, depending on market fluctuations and the availability of the stable index price.
✅ Don't worry, trading will continue uninterrupted, and all orders and deals will remain as they are.
Important details during the transition:
📊 Index Price (Mark Price): It will gradually transition from the pre-contract to the standard perpetual contract format.
⚡ Price change limit: Binance will apply ±1% per second to reduce excessive volatility during the transition.
🏦 After the pre-trading ends: The standard index price will be applied immediately according to Binance's USDⓈ-M methodology.
Financing and interest:
After the transition, the Premium Index will become available, and financing rates will change to comply with the standard rules of perpetual contracts, ranging between +2% and -2%.
⚠️ Note: Availability of products and services may vary by region and local regulations.
✨ This is a great step to enhance market liquidity and facilitate your trading without interruption!
📌 Share your opinion: Are you ready to experience the new contract? 💬
$AZTEC
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