The Addition of Thena (THE) to Binance Platforms

Nov 27, 2024 at 9:30 AM
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Binance is excited to bring a new asset, Thena (THE), to its various trading and investment services. This announcement aims to provide detailed information about the addition and its impact on users.

Unlock New Investment Opportunities with Binance's THE Addition

Earn with THE

Starting from 2024-11-28 10:00 (UTC), users have the opportunity to purchase THE using a variety of payment options supported on Binance Auto-Invest. This opens up new avenues for earning through crypto.

It allows investors to diversify their portfolios and potentially earn returns by adding THE to their investment mix. The availability of this asset on Binance Auto-Invest provides convenience and flexibility for users.

With different payment options at their disposal, users can choose the method that suits them best and start building their THE holdings.

Buy & Sell Crypto with THE

Users can now buy THE with VISA, MasterCard, Google Pay, Apple Pay, or use their wallet balances on the “Buy Crypto” page. This feature becomes available within one hour of THE being listed on Binance Spot.

It enables seamless trading of THE, allowing users to enter and exit positions quickly. The integration of multiple payment methods makes it accessible to a wide range of users.

Whether you prefer using traditional payment methods or your existing wallet balances, Binance provides the tools to buy and sell THE with ease.

Convert with THE

Within one hour of THE being listed on Binance Spot, users will be able to start trading THE against BTC, USDT, and other tokens on Binance Convert at zero fees.

This conversion feature offers flexibility and liquidity, allowing users to easily swap THE for other popular cryptocurrencies. It simplifies the process of managing and trading multiple assets.

With zero fees for conversions, users can take advantage of market opportunities without incurring additional costs.

Margin Trading with THE

Binance Margin will add THE as new borrowable assets on Cross and Isolated Margin, as well as the THE/USDT pair on Cross and Isolated Margin at 2024-11-27 12:00 (UTC).

Margin trading allows users to leverage their positions and potentially increase their returns. The addition of THE as a borrowable asset provides more options for margin traders.

Users can take advantage of the volatility in the market by using THE as collateral and trading with higher leverage. However, it's important to understand the risks associated with margin trading.

Futures Trading with THE

Binance Futures will launch the USDⓈ-M THE Perpetual Contract at 2024-11-27 12:15 (UTC), with up to 75x leverage.

The launch of the USDⓈ-M THE Perpetual Contract offers traders the opportunity to speculate on the price movement of THE in the futures market. The high leverage allows for potentially significant profits.

However, it's crucial to manage risk carefully when trading futures. Binance provides detailed information on the contract specifications and risk factors to help users make informed decisions.

Please note that the maximum funding rate of the THEUSDT Perpetual Contracts at launch is +2.00% / -2.00%, and the funding fee settlement frequency is every four hours. Binance reserves the right to adjust the specifications of the contracts based on market conditions.

Multi-Assets Mode allows users to trade the THEUSDT Perpetual Contracts across multiple margin assets, subject to applicable haircuts. This provides additional flexibility and diversification options for traders.

The THEUSDT Perpetual Contracts are subject to the Binance Terms of Use and the Binance Futures Service Agreement, ensuring a secure trading environment.

Thank you for your support! Binance Team

Note: This announcement was amended on 2024-11-27 to clarify that the ticksize for THEUSDT is 0.0001.

Trade on-the-go with Binance’s crypto trading app (iOS/Android) and find us on various platforms. Binance reserves the right to amend or cancel this announcement at any time without prior notice.

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Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice.