Binance, the leading platform for the cryptocurrency derivatives market, has taken another step towards diversifying its investment products.
Four new perpetual futures contracts based on stocks and indices will be listed on Binance Futures, the exchange said in a statement.
According to the announcement, the QQQUSDT, SPYUSDT, AAPLUSDT, and TSMUSDT contracts will begin on April 6, 2026. These products offer investors up to 10x leverage.
The underlying assets of the contract include Invesco QQQ Trust Series 1 (QQQ), SPDR S&P 500 ETF Trust (SPY), Apple Inc. stock, and Taiwan Semiconductor Manufacturing Company.
The QQQUSDT contract tracks the performance of the top 100 non-financial companies traded on the Nasdaq, while the SPYUSDT contract is based on an ETF that tracks the S&P 500 index. The AAPLUSDT and TSMUSDT contracts are indexed to the price movements of Apple stock and TSMC stock, respectively.
All contracts use Tether ($USDT) is used as the settlement asset. The minimum transaction amount is set to 0.01 increments, and the minimum transaction amount is 5. $USDT. Procurement rate is limited to ±2% and updated every 8 hours.
Binance aims to give users access to traditional financial assets through its crypto infrastructure using these products. However, experts stress that leveraged trading involves high risks and investors should be cautious.
*This is not investment advice.
