Binance Adds BounceBit (BB) on Earn, Buy Crypto, Convert, Margin & Futures

2024-05-13 18:50:00Binance分享至:

This is a general announcement. Products and services referred to here may not
be available in your region.
Fellow Binancians,
Binance is excited to announce that BounceBit (BB) has been added to Binance
Simple Earn , "Buy Crypto"
, andBinance Convert . In addition,
Binance will addBB on Binance Margin
, Binance Futures
and Binance Auto-Invest
at 2024-05-13 12:30 (UTC), 2024-05-13
12:30 (UTC) and 2024-05-15 10:00 (UTC) respectively.
Earn
*
Users can now subscribe to BB Flexible Products
on Binance Simple Earn.
*
From 2024-05-15 at 10:00 (UTC), users may purchase BB using any of the payment
options supported onBinance Auto-Invest
.
Buy & Sell Crypto
Users may now buy BB directly with their credit/debit cards, Google Pay, Apple
Pay, or buy and sell BB directly with their available wallet balances at the “
Buy Crypto
” page.
Convert
Users can now trade BB against BTC, USDT and any other tokens supported by
Binance Convert at zero fees.
Margin
Binance Margin will add BB as a new borrowable asset on Cross and Isolated
Margin, as well as theBB/USDT
pair on Cross and
Isolated Margin at2024-05-13 12:30 (UTC).
Please refer to Margin Data for a list
of the most updated marginable assets and further information on specific
limits, collateral ratio and rates.
Futures
Binance Futures will launch the USDⓈ-M BB Perpetual Contract
at 2024-05-13 12:30 (UTC), with up
to 50x leverage.
More details on the USDⓈ-M BB Perpetual Contract can be found in the table
below:
USDⓈ-M Perpetual Contract
BBUSDT
Launch Time
2024-05-13 12:30 (UTC)
Underlying Asset
BounceBit (BB)
Settlement Asset
USDT
Tick Size
0.0001
Capped Funding Rate
+2.00% / -2.00%
Funding Fee Settlement Frequency
Every Four Hours
Maximum Leverage
50x
Trading Hours
24/7
Multi-Assets Mode
Supported
Please Note:
*
The maximum funding rate of the BBUSDT Perpetual Contract at the time of
launch is +2.00% / -2.00%.
*
The funding fee settlement frequency is every four hours.
Time
Max Funding Rate
2024-05-13 16:00 (UTC)
+2.00% / -2.00%
2024-05-13 20:00 (UTC)
+2.00% / -2.00%
2024-05-14 00:00 (UTC)
+2.00% / -2.00%
2024-05-14 04:00 (UTC)
+2.00% / -2.00%


*
Based on market risk conditions, Binance may adjust the specifications of the
BBUSDT Perpetual Contract from time to time, which include the funding fee,
tick size, maximum leverage, initial margin, and/or maintenance margin
requirements.
*
Multi-Assets Mode
allows users to trade the BBUSDT Perpetual Contract across multiple margin
assets, subject to the applicable haircuts. For example, when the Multi-Assets
Mode is activated, users can use BTC as margin when trading the BBUSDT
Perpetual Contract.
*
The BBUSDT Perpetual Contract is subject to the Binance Terms of Use
and the Binance Futures Service Agreement
.
Guides & Related Materials:
*
How to Buy Crypto with Credit/Debit Card
*
How to Use Binance Convert
*
How to Use Short on Margin Trading
*
How to Use Long on Margin Trading
*
Trading Rules of USDⓈ-M Futures Contracts
*
Leverage and Margin of USDⓈ-M Futures Contracts
*
Binance Futures Fee Structure
*
How to Use Auto-Invest
Note: There may be discrepancies in the translated version of this original
article in English. Please reference this original version for the latest or
most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-05-13
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
Find us on
*
Telegram
*
X
*
Facebook
*
Instagram
Binance reserves the right in its sole discretion to amend or cancel this
announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices are subject to high market risk and price
volatility. The value of your investment may go down or up, and you may not get
back the amount invested. You are solely responsible for your investment
decisions and Binance is not liable for any losses you may incur. Past
performance is not a reliable predictor of future performance. You should only
invest in products you are familiar with and where you understand the risks.
You should carefully consider your investment experience, financial situation,
investment objectives and risk tolerance and consult an independent financial
adviser prior to making any investment. This material should not be construed
as financial advice. For more information, see ourTerms of Use
and Risk Warning
.

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