BlockBeats News, July 9th. According to an announcement from Binance, Binance Futures will successively launch BOTUSDT, WENUSDT, INTWUSDT, SNXXUSDT, XBIUSDT, BNCUSDT, and FWDIUSDT on July 9th, adding a total of 7 USDⓈ-M TradFi (Traditional Finance) perpetual contracts to further enrich traditional financial asset derivative trading options.
Among them, BOTUSDT tracks the RoboStrategy (Nasdaq: BOT), WENUSDT tracks the American fast-food chain brand Wendy's (Nasdaq: WEN), INTWUSDT tracks the GraniteShares 2x Long Intel ETF, SNXXUSDT tracks the Tradr 2x Long Sandisk ETF, XBIUSDT tracks the SPDR S&P Biotech ETF, BNCUSDT tracks CEA Industries (Nasdaq: BNC), and FWDIUSDT tracks Forward Industries (Nasdaq: FWDI).
All the above contracts are settled in USDT, support 24/7 trading, and a multi-asset mode. Among them, BOT, WEN, INTW, SNXX, XBI support up to 25x leverage, while BNC and FWDI support up to 10x leverage. Funding fees are settled every 8 hours, with a funding rate cap of ±2%.
