CHIP Perpetual Contracts on Binance will be converted to Traditional Futures

BlockBeats News, April 21, According to an official announcement, Binance Launches Chip (CHIP) on Binance Earn, Buy Crypto with One Click, Instant Exchange, VIP Loan, Margin, and Futures.

Binance will gradually transition the trading of the CHIPUSDT perpetual contract from USDT-margined to Coin-margined on April 21, 2026, at 21:30 (UTC+8). The transition period may last up to 3 hours, depending on price fluctuation and index price stability. During the transition, CHIPUSDT perpetual trading and existing positions will not be affected.