Binance to Close and Delist SLERF and CHZ Perpetual Contracts on October 21
The exchange will settle SLERF USDT-margined and CHZ coin-margined contracts before removing them from its platform.
USDT
CHZ
Summary
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Terms & Concepts
- Perpetual Contract: A type of futures contract with no expiration date, allowing traders to hold positions indefinitely while paying or receiving funding fees.
- USDT-Margined Contract: A perpetual futures contract where margin and settlement are denominated in Tether (USDT) stablecoin.
- Coin-Margined Contract: A perpetual futures contract where margin and settlement are denominated in the underlying cryptocurrency rather than a stablecoin.