MELANIAUSDT Perpetual Contract Introduction
Binance Futures is adding new trading options to the market. The MELANIAUSDT perpetual contract will be available at 9:30 on January 20, 2025 (UTC) with up to 25x leverage. The launch improves user experience and adds trading options.
melania memes (MELANIA) is the underlying asset of the MELANIAUSDT contract. It offers 24/7 trading and uses USDT for settlement. By setting price ticks to 0.001, traders can gain up to 25x leverage, ensuring price accuracy.
Source: Binance
In order to maintain a stable trading environment, funding costs are settled every four hours, and the rate is capped at +2.00%/-2.00%. This funding rate cap ensures transparency in the cost structure for traders.
Funding rate table
The funding rate will remain unchanged at launch, with a maximum +2.00% / -2.00%. The following is a sample table for funding fee settlement:
- 12:00 UTC: +2.00% / -2.00%
- 16:00 UTC: +2.00% / -2.00%
- 20:00 UTC: +2.00% / -2.00%
- 00:00 UTC: +2.00% / -2.00%
This cycle continues every four hours. Traders can plan their strategies based on this predictable funding plan.
About Melania
MELANIA is a meme coin created by US First Lady Melania Trump on the Solana blockchain. On January 19, she revealed the launch of the MELANIA memecoin through her personal X account.
The token is a fungible crypto asset that represents Melania Trump’s image and personal value. MELANIA is a way for users to show support and connect with the values and style she embodies.
As stated on the official website, MELANIA is not an investment opportunity and is not intended to be a security, investment contract or financial instrument. It is launched as a collectible and is not associated with a political movement or government agency.
The launch of MELANIA follows President-elect Donald Trump’s release of the TRUMP token, a meme coin that quickly gained significant value. The crypto community has speculated that other members of the Trump family may soon issue their own coins.
Bitget announced that MELANIA will be launched in the innovative Meme area at 10:30 am on January 20.
Source: The Daily Beast
