🔥 Trade with Pros on Discord → 21 Days Free (No Card)JOIN FREE

Binance to roll out silver perpetual contract with up to 50x leverage

890626
Binance to roll out Silver perpetual contract with up to 50x leverageSource: WebSummit Lisbon 2022 via Flickr.

In this post:

  • Binance has announced plans to expand its futures listings by adding silver (XAGUSDT) perpetual contract on January 7.
  • The offering will use silver as its settlement asset, allowing traders to buy and sell it with up to 50x leverage.
  • The exchange stated that the listing will be available for copy trading within 24 hours after its launch.

Binance, the largest centralized exchange by trading volume, announced it will list XAGUSDT perpetual futures contract on January 7 as part of its broader effort to expand trading offerings for traders on its platform. 

Binance exchange has added a new listing through its Binance Futures in a bid to expand its offerings to traders, investors, and other market participants. The exchange revealed it will list XAGUSDT perpetual futures contracts on January 7 at 10:00 UTC.

The exchange stated that the new offering will utilize silver (XAG) as its underlying asset, whose price will track the value of one ounce of Silver.

Binance rolls out XAGUSDT perpetual contract on its futures platform

According to an official announcement from the exchange, the offering’s tick size will be 0.01, and the minimum trade amount will be 0.001 XAG. Binance announced that the perpetual futures contract will have a minimum notional value of 5 USDT and a capped funding rate of +2.00%/-2.00 %, with funding fees settled every four hours. 

Traders will interact with the new listing 24 hours a day, seven days a week, using a maximum leverage of 50x. However, the exchange noted that these specifications may change depending on market risk conditions.

Binance also announced that the XAGUSDT perpetual contract listing will be included in the Binance Futures New Listing Fee Promotion campaign. The campaign rolled out in late October last year, offering perks and rebates to users and liquidity providers. The campaign dictates that the first 10 days of each new contract’s listing will be its incentive period, during which all users can enjoy zero maker fees, while all qualified liquidity providers will benefit from higher maker rebates.

See also  Russia bans state-level crypto mining in regions with energy shortage

Binance also announced that the contract will be available for futures copy trading in less than 24 hours after launch. The contract will also support Multi-Asset Mode, enabling traders to trade the perpetual contract across multiple margin assets, using assets such as Bitcoin as collateral. 

The exchange recently launched the ZKPUSDT perpetual contract on December 21, 2025, which began trading with a maximum leverage of 40X. The exchange also listed the GUAUSDT perpetual contract and IRUSDT perpetual contract on the same day, with both having a maximum leverage of 20x. 

The ZAGUSDT listing follows Binance’s announcement of changes to its service offerings for users worldwide.

A recent Cryptopolitan report, dated January 5, highlighted that the exchange was revamping its service delivery by eliminating and adding certain products and services. The report also noted that the exchange had received three new licenses in ADGM, Abu Dhabi, and the UAE.

Binance intends to implement these changes to maintain regulatory compliance and enhance oversight of its global digital asset platform. The announcement came after Binance secured full regulatory greenlight from ADGM’s Financial Services Regulatory Authority (FSRA) to manage Binance.com’s operations under a robust, globally recognized supervisory framework.

The smartest crypto minds already read our newsletter. Want in? Join them.

See also  US officially starts collecting Trump's new 10% tariff

Share link:

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Editor's choice

Loading Editor's Choice articles...

- The Crypto newsletter that keeps you ahead -

Markets move fast.

We move faster.

Subscribe to Cryptopolitan Daily and get timely, sharp, and relevant crypto insights straight to your inbox.

Join now and
never miss a move.

Get in. Get the facts.
Get ahead.

Subscribe to CryptoPolitan