Binance Futures Introduces the MELANIAUSDT Perpetual Contract

A new trading option is being added to the marketplace by Binance Futures. The MELANIAUSDT Perpetual Contract will be accessible with up to 25x leverage on January 20, 2025, at 9:30 (UTC).

Binance Futures is introducing a new trading option in the form of the MELANIAUSDT Perpetual Contract. The contract will be available to trade on January 20, 2025, at 9:30 (UTC) with up to 25x leverage. This addition enhances the user experience and expands trading possibilities.

The MELANIAUSDT contract derives its value from the underlying asset, Melania Meme (MELANIA). It will facilitate continuous trading and settle in USDT. To ensure precise pricing, traders can utilize leverage of up to 25x with a tick size of 0.001.

To maintain a stable trading environment, funding rates are calculated every four hours and capped at +2.00% / -2.00%. This capped funding rate provides traders with transparent cost structures.

Funding Rate Schedule

At launch, the funding rate will be fixed and capped at +2.00% / -2.00%. Here's a sample schedule for funding fee settlement:

This cycle will continue every four hours, allowing traders to plan their strategies based on this predictable funding schedule.

About MELANIA

MELANIA is a memecoin launched by Melania Trump, the First Lady of the United States, on the Solana blockchain. On January 19, she announced the launch of the MELANIA memecoin through her personal X account.

The token is a fungible crypto asset that embodies the image and personal values of Melania Trump. MELANIA is presented as a way for users to show support and connect with the values and style she represents.

According to the official website, MELANIA is not an investment opportunity and is not intended to be a security, investment contract, or financial instrument. It is introduced as a collectible item, with no ties to political campaigns or government agencies.

The launch of MELANIA follows the release of the TRUMP token by President-elect Donald Trump, a memecoin that quickly soared in value. The crypto community speculates that other members of the Trump family may soon release their own tokens.

Bitget has announced that MELANIA will be listed in its Innovation and Meme Zone, with trading commencing at 10:30 on January 20.