Binance Adds Space and Time (SXT) Across Earn, Margin, Convert, and Futures

Binance has officially announced support for Space and Time (SXT) across a wide range of its product offerings

Binance, the renowned cryptocurrency exchange, is set to introduce support for Space and Time (SXT) across its diverse product offerings, ranging from Simple Earn to Futures. This integration will provide Binance users with broader access and utility for the SXT token, commencing on May 8.

To kickstart the SXT offering, Binance will be adding SXT to Flexible Products on Simple Earn at 13:00 UTC on May 8. Furthermore, a limited-time Locked Product featuring SXT will be launched at 02:00 UTC on May 12, with an impressive 66% APR for new Earn users. This Locked Product will be available for a brief period of three days, concluding on May 15 at 02:00 UTC.

Only users who have never used Locked Products before May 8 are eligible for this special APR. Newly registered users may need to wait up to 24 hours to become eligible.

Once listed on Binance Spot, users will be able to buy SXT using Visa, MasterCard, Google Pay, Apple Pay, or Revolut. Additionally, SXT will be supported on Binance Convert for zero-fee trading against BTC, USDT, and other cryptocurrencies. These services will become available within one hour of SXT’s Spot listing.

Binance Margin will also be adding SXT as a borrowable asset and listing the SXT/USDT and SXT/USDC trading pairs on both Cross and Isolated Margin platforms. This addition will be made on May 8 at 13:20 UTC.

In the realm of derivatives, Binance Futures will launch the SXTUSDT perpetual contract on May 8 at 13:00 UTC. The contract will offer a maximum leverage of 5x, with USDT as the settlement asset and a funding interval of every 4 hours. The capped funding rate will be ±2.00%, and trading hours will be 24/7. Multi-Assets Mode will also be supported for this contract.

The contract will transition from pre-market to full trading status, with no disruption to existing positions during the brief transition window.

This expansion of SXT support underscores Binance’s commitment to providing its users with diverse and valuable product offerings, catering to a wide range of trading preferences and investment strategies. As Binance continues to innovate and expand its ecosystem, users can anticipate even more exciting and useful features in the months to come.

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