Binance has officially announced the launch of the MELANIA Meme Token Futures contract, set to go live on January 20, 2025, at 09:30 UTC. This new offering aims to provide traders with enhanced opportunities and a seamless trading experience.
The MELANIAUSDT contract is based on the Melania Meme (MELANIA) token, which claims to be the “Official Melania Trump Meme.” As a USDT-settled product, the contract will be available for trading 24/7 on Binance Futures.
Key features of the new contract include a 25x maximum leverage and a capped funding rate of +2.00%/-2.00%. The funding fee will be charged every four hours, starting from the launch day, with updates scheduled at 12:00, 16:00, and 20:00 UTC on January 20, and every four hours thereafter.
In addition, Binance will be leveraging its Multi-Assets Model for this contract, which allows traders to use various margin assets, such as Bitcoin (BTC), for trading the MELANIAUSDT contract. This model offers greater flexibility for users who prefer to diversify their portfolios or use different collateral options.
The contract features a tick size of 0.001, and Binance reserves the right to amend the contract specifications—including funding fees, tick size, leverage, and margin requirements—based on market conditions.
Traders seeking more options in terms of margin assets will find the Multi-Assets Mode particularly beneficial. For instance, by using Bitcoin as collateral, users can access additional trading strategies, optimizing their experience on the platform.
With this new launch, Binance continues to expand its offerings, providing innovative tools for traders in the cryptocurrency space.
