Binance will launch perpetual contracts for stocks of three companies, including Samsung

Binance announced that three USDT margin perpetual contracts, SKHYNIXUSDT, SAMSUNGUSDT, and HYUNDAIUSDT, will be launched on June 2nd at 03:00, 03:10, and 03:20 (UTC), respectively. The product is based on the relevant stock prices and supports 20 times leverage, 24-hour trading, and multi asset mode. The funding rate is settled every 8 hours, with an upper and lower limit of ± 2%.