Back
Binance officially announced it will launch the LONGXUSDT perpetual contract with up to 5x leverage.

Binance officially announced it will launch the LONGXUSDT perpetual contract with up to 5x leverage.

According to Binance’s official statement, trading in the LONGXUSDT perpetual contract will begin at 19:30 Beijing time on March 11, 2026, marking a new Binance Futures listing.

USDT

Fact Check
The claim is supported by a specific Binance announcement URL (d9c05581552140eba3f393ef0a9a23b3) identified via media tracing and a detailed report from BlockBeats (https://m.theblockbeats.info/flash/335631). Both sources confirm the asset (LONGX/Lobster), the launch time (19:30 UTC+8 on March 11, 2026), and the leverage (5x).
    Reference: 12
Summary

Binance said in an official announcement that it will launch the LONGXUSDT perpetual contract with leverage of up to 5x. Trading is scheduled to start at 19:30 Beijing time on March 11, 2026. The update replaces the previously referenced LOBSTER/USDT contract details in the existing topic.

Terms & Concepts
  • perpetual contract: A crypto derivatives product with no expiration date, allowing traders to hold positions continuously if margin requirements are maintained.
  • 5x leverage: A trading mechanism that allows users to control a position worth five times their posted collateral, increasing both potential gains and losses.