Binance Futures Launches Energy Perpetual Contracts for Traders
Binance Futures has introduced new perpetual contracts for WTI Crude Oil, Brent Crude Oil, and Natural Gas, providing 100x leverage. This expansion enables broader access to the energy market and solidifies Binance's position in the commodity derivatives sector.
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Binance Futures has launched perpetual contracts for WTI Crude Oil ($CLUSDT), Brent Crude Oil ($BZUSDT), and Natural Gas ($NATGASUSDT), offering 100x leverage. These contracts allow traders to engage with global energy markets while ensuring $USDT-based settlement.
The WTI Crude Oil contract represents one barrel, while the Brent Crude Oil contract tracks its counterpart. The Natural Gas contract corresponds to one Million British Thermal Units (MMBtu). Funding fees are settled every four hours, with 24/7 trading available. This initiative aligns with Binance's strategy to diversify its derivatives portfolio beyond cryptocurrencies, enhancing its role in financial innovation.
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