Binance Futures, one of many main platforms within the cryptocurrency derivatives market, continues to broaden its product vary.
The alternate introduced it is going to launch a brand new USDⓈ-margined perpetual futures contract on March 6, 2026, to extend customers’ buying and selling choices and enhance the buying and selling expertise.
In response to the announcement, the COPPERUSDT pair will likely be out there for buying and selling beginning March 6, 2026, at 12:00 PM. This pair will characterize the value of copper in US {dollars}, with Copper (COPPER) because the underlying asset. The COPPERUSDT buying and selling image is structured to characterize 1 pound of copper.
The contract will use Tether ($USDT) because the collateral and settlement asset. Providing leverage as much as 100x, the product incorporates a tick measurement of 0.001, a minimal transaction quantity of 0.1 COPPER, and a minimal nominal transaction worth of 5 $USDT.
The funding charge will likely be utilized with a most restrict of +0.5% and -0.5%. Funding funds will likely be made each 4 hours. Moreover, the contract will supply 24/7 buying and selling and, with Multi-Belongings Mode help, will permit customers to make use of totally different belongings as collateral.
Binance Futures’ new copper contract goals to create a brand new different for portfolio diversification by providing crypto buyers leveraged entry to commodity worth actions.
*This isn’t funding recommendation.
