In a recent update, Binance has announced a significant modification to the funding rate settlement frequency for its NKNUSDT and BROCCOLIF3BUSDT U Coin-Margined Perpetual Contracts. As specified in their official statement, starting from April 20, 2025, at 16:00 (UTC+8), the funding rate will transition from an eight-hour interval to a more frequent four-hour schedule. This adjustment aims to enhance liquidity and provide traders with a more dynamic trading environment. The change reflects Binance’s commitment to optimizing user experience and aligning with market demands. Traders utilizing these contracts should prepare for the implications of this adjustment on their trading strategies. As always, staying informed on these changes is crucial for effective trading within the ever-evolving cryptocurrency landscape.
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