Binance to open silver perpetual contract market with up to 50x leverage

Binance, the largest centralized exchange by trading volume, announced it will list XAGUSDT perpetual futures contract on January 7 as part of its broader effort to expand trading offerings for traders on its platform. 

Binance exchange has added a new listing through its Binance Futures in a bid to expand its offerings to traders, investors, and other market participants. The exchange revealed it will list XAGUSDT perpetual futures contracts on January 7 at 10:00 UTC.

The exchange stated that the new offering will utilize silver (XAG) as its underlying asset, whose price will track the value of one ounce of Silver.

Binance rolls out XAGUSDT perpetual contract on its futures platform

According to an official announcement from the exchange, the offering’s tick size will be 0.01, and the minimum trade amount will be 0.001 XAG. Binance announced that the perpetual futures contract will have a minimum notional value of 5 USDT and a capped funding rate of +2.00%/-2.00 %, with funding fees settled every four hours. 

Traders will interact with the new listing 24 hours a day, seven days a week, using a maximum leverage of 50x. However, the exchange noted that these specifications may change depending on market risk conditions.

Binance also announced that the XAGUSDT perpetual contract listing will be included in the Binance Futures New Listing Fee Promotion campaign. The campaign rolled out in late October last year, offering perks and rebates to users and liquidity providers. The campaign dictates that the first 10 days of each new contract’s listing will be its incentive period, during which all users can enjoy zero maker fees, while all qualified liquidity providers will benefit from higher maker rebates.

Binance also announced that the contract will be available for futures copy trading in less than 24 hours after launch. The contract will also support Multi-Asset Mode, enabling traders to trade the perpetual contract across multiple margin assets, using assets such as Bitcoin as collateral. 

The exchange recently launched the ZKPUSDT perpetual contract on December 21, 2025, which began trading with a maximum leverage of 40X. The exchange also listed the GUAUSDT perpetual contract and IRUSDT perpetual contract on the same day, with both having a maximum leverage of 20x. 

The ZAGUSDT listing follows Binance’s announcement of changes to its service offerings for users worldwide.

A recent Cryptopolitan report, dated January 5, highlighted that the exchange was revamping its service delivery by eliminating and adding certain products and services. The report also noted that the exchange had received three new licenses in ADGM, Abu Dhabi, and the UAE.

Binance intends to implement these changes to maintain regulatory compliance and enhance oversight of its global digital asset platform. The announcement came after Binance secured full regulatory greenlight from ADGM’s Financial Services Regulatory Authority (FSRA) to manage Binance.com’s operations under a robust, globally recognized supervisory framework.

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