Binance Expands Offerings with ACT and PNUT Listings on Multiple Platforms
Zach Anderson Nov 11, 2024 08:06
Binance announces the addition of Act I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) across various services, including Earn, Convert, Margin, and Futures, starting November 11, 2024.
Binance, a leading cryptocurrency exchange, has announced the inclusion of two new tokens, Act I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT), across various services on its platform. The expansion, which begins on November 11, 2024, will see these tokens available on Binance Simple Earn, 'Buy Crypto', Binance Convert, Binance Margin, and Binance Futures.
Comprehensive Availability
Starting November 12, 2024, at 10:00 UTC, users will be able to purchase ACT and PNUT through Binance Auto-Invest utilizing any supported payment options. Additionally, Binance has made it possible to buy these tokens via VISA, MasterCard, Google Pay, and Apple Pay, or directly with wallet balances on the 'Buy Crypto' page, which will be accessible within one hour of their listing on Binance Spot.
Trade and Convert Options
Users can trade ACT and PNUT against BTC, USDT, and other tokens on Binance Convert at zero fees shortly after their listing. The platform aims to enhance trading flexibility by adding these tokens as borrowable assets on Cross and Isolated Margin, with trading pairs such as ACT/USDT and PNUT/USDT becoming available on November 11, 2024, at 12:00 UTC.
Futures Trading
Binance Futures will introduce the USDⓈ-M ACT and PNUT Perpetual Contracts, allowing leverage of up to 75x. The ACTUSDT contract will launch at 12:15 UTC, followed by PNUTUSDT at 12:30 UTC on the same day. These contracts are designed to provide traders with extensive opportunities, with a maximum funding rate set at +2.00% / -2.00% and funding fees settled every four hours.
Binance reserves the right to modify contract specifications based on market conditions, including leverage and margin requirements. The Multi-Assets Mode will enable users to trade these contracts across multiple margin assets, providing enhanced trading flexibility.
Disclaimer
As digital asset prices are subject to high market risks and price volatility, Binance advises users to make informed investment decisions. The platform emphasizes the importance of understanding the risks involved and consulting financial advisors if necessary. For detailed terms and conditions, users are encouraged to refer to Binance’s official guidelines.
For further details, visit the official announcement on Binance’s website.
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