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 Cow Protocol (COW) and Cetus Protocol (CETUS) will be added to Binance Simple Earn, "Buy Crypto", Binance Convert, Binance Margin, Binance Auto-Invest and Binance Futures at the respective dates and timings listed below.
Earn
Cow Protocol (COW) and Cetus Protocol (CETUS) will be listed on Binance Simple Earn Flexible Products at 2024-11-06 13:00 (UTC) and will be available for subscription.
From 2024-11-07 10:00 (UTC), users may purchase COW and CETUS using any of the payment options supported on Binance Auto-Invest.
Buy & Sell Crypto
Users can buy COW and CETUS with VISA, MasterCard, Google Pay, Apple Pay, or buy and sell COW and CETUS with their wallet balances on the “Buy Crypto” page, available within one hour of COW and CETUS being listed on Binance Spot.
Convert
Users will be able to start trading COW and CETUS against BTC, USDT, and any other tokens on Binance Convert at zero fees within one hour of COW and CETUS being listed on Binance Spot.
Margin
Binance Margin will add COW and CETUS as new borrowable asset on Cross and Isolated Margin, as well as the COW/USDT and CETUS/USDT pairs on Cross and Isolated Margin at 2024-11-06 14:00 (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 COW Perpetual Contract at 2024-11-06 13:30 (UTC), and USDⓈ-M CETUS Perpetual Contract at 2024-11-06 14:00 (UTC), with up to 75x leverage.
More details on the USDⓈ-M COW and CETUS Perpetual Contracts can be found in the table below:
Please Note:
The maximum funding rate of the COWUSDT and CETUSUSDT Perpetual Contracts at the time of launch is +2.00% / -2.00%.
The funding fee settlement frequency is every four hours.
Based on market risk conditions, Binance may adjust the specifications of the COWUSDT and CETUSUSDT Perpetual Contracts 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 COWUSDT and CETUSUSDT Perpetual Contracts 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 COWUSDT and CETUSUSDT Perpetual Contracts.
The COWUSDT and CETUSUSDT Perpetual Contracts are subject to the Binance Terms of Use and the Binance Futures Service Agreement.
Guides & Related Materials:
Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2024-11-06
Note: This announcement was last updated on 2024-11-06 to update the COW and CETUS listing time on Binance Simple Earn Flexible Products to 2024-11-06 13:00 (UTC).
